Google Plans To Acquire Startup Wiz Worth IDR 372 Trillion

Google will acquire a new startup (photo: dock. Google)

JAKARTA Google, a multinational technology company, will buy a cloud-based cybersecurity startup under the name Wiz. The company was working with Oracle and Amazon. Reporting from the Wall Street Journal, Google will pay US$23 billion (Rp372 trillion) to acquire Wiz. This is the largest value Google spent on buying the company, even double the acquisition of Motorola Mobility in 2012. Wiz is a security company that has only been established for four years. Headquartered in New York City, this startup offers security solutions to assist companies in responding to various cyber threats in real-time. Wiz works by securing cloud infrastructure. These startups create a normalized layer between environment and cloud so they can get rid of various critical risks quickly.

Although cloud services from Google are secure enough, Wiz's acquisition could improve the reputation of Google's cloud platform. According to the New York Times, this acquisition plan may be successful, but it may not. If the US government is interested in reviewing this deal, Wiz's acquisition could be considered an antitrust measure such as an agreement between Google and Apple. The reason is, this is not the first time Google has acquired a cloud security company. Two years ago, Google acquired the Siemplify startup with a value of 500 million US dollars (Rp. 8 trillion). The Pixel phone developer also acquired Mandiant in the same year by paying 5.4 billion US dollars (Rp.87 trillion).