<ul><li>Alphabet, Google's parent company, has announced its largest-ever acquisition, acquiring cybersecurity firm Wiz for $32 billion.</li><li>Wiz, a fast-growing Israeli-founded startup, provides cloud-based cybersecurity solutions and was previously valued at $12 billion.</li><li>The deal is pending regulatory approval, and if successful, it will surpass Google's previous largest acquisition of Motorola Mobility for $12.5 billion.</li><li>Google aims to strengthen its cloud security provisions by incorporating Wiz's expertise and plans to retain Wiz as a multicloud platform.</li></ul>

Google acquires cybersecurity firm Wiz for $32 billion

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