Wall Street is optimistic that a change in competitive laws under US President Donald Trump may reignite dealmaking momentum, according to Reuters today.” While a hard regulation climate in 2024 had hampered like large-scale deals, a strong regulatory environment in 2024 had hampered these large-scale deals.
Supposedly, Google and Wiz would agree to pay a$ 3.2 billion breakup fee if the deal fails. The divorce charge, according to a from the Financial Times, accounts for an unusually large percentage of the total deal value, which is 10 % rather than the normal 2 or 3 percent. According to the content, the big divorce cost “demonstrates how tech firms are still bracing themselves for repression from antitrust officials, yet under President Donald Trump and his new Federal Trade Commission chair Andrew Ferguson.”
Assaf Rappaport, the co-founder and CEO of Wiz, stated now that while the plan is for Wiz to join Google Cloud, both firms agree that” Wiz needs to remain a multicloud software… We will also work closely with our great partners at AWS, Azure, Oracle, and across the whole business.”
According to Thomas Kurian, the CEO of Google Cloud, Wiz’s program would add value to Google’s security offerings. Wiz is unique because it” connects to all major clouds and script conditions to help prevent incidents from happening in the first place,” he , despite the fact that Google items already “help customers detect and respond to adversaries through both SaaS-based services and cybersecurity consulting.”
Kurian wrote that” Wiz’s solution quickly scans the customer’s environment, creating a comprehensive graph of code, cloud resources, services, and applications—along with the connections between them.” It empowers enterprise developers to secure applications before deployment, recognizes potential attack paths, prioritizes the most pressing risks based on their impact, and provides security for enterprise developers. Additionally, it aids in security teams ‘ collaboration with developers to identify and stop ongoing attacks.