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Tech company Google has bought Cloud Security Firm Vij (WIZ) for $ 32 billion (Rs 2.7 lakh crore). The company signed a deal with Vij on Tuesday. This is Google's biggest deal ever.
Vij, Google will be a part of Cloud Business under the deal. On shopping, Google said that our cloud security service is already strong. This will make it even better than Vij's joining.
AI deal to strengthen security
The deal has been made to help prevent increasing cyber threats from Artificial Intelligence (AI). Google's target is to compete with companies like Microsoft and Amazon in Cloud Security Business. With the help of Vij, multicloud technology will be further improved.
Google offered $ 23 billion in 2023
Google offered to buy a 23 billion Vij in July 2023. But Vij rejected the offer. Now the new deal is expected to be completed by 2026.
CEO beautiful Pichai said-will make security stronger
Google's CEO Sundar Pichai said that Google's focus has been on strong security since the beginning. Today, business clouds run on clouds want high security in providerrs. Together with Vij, we will take Cloud Security to a new level.
Google's parent company shares fall by 4%
On Tuesday, Google's parent company Alphabet's stock has fallen 4% to $ 159.58. This decline was recorded in the early trade of the US market. It was at $ 164.29 until the market was closed yesterday.