Amazon and Google Team on High-Speed Multi-Cloud Service

Google has signed on to provide collaborative multi-cloud networking with Amazon using its new “AWS Interconnect – multicloud,” now in preview. Amazon says the new collaboration will simplify multi-cloud networking via managed, private, on-demand access to cross-cloud connectivity. The jointly engineered solution leverages Google’s Cross-Cloud Interconnect technology. The idea is “to enable customers to easily build enterprise-grade applications that span both Google Cloud and AWS environments,” Amazon explains, pointing out that the adoption of multi-cloud applications is rapidly accelerating, driven at least in part by the rise in use of AI. Continue reading Amazon and Google Team on High-Speed Multi-Cloud Service

Google Agrees to Buy Cybersecurity Startup Wiz for $32 Billion

Google has acquired Wiz, a multi-cloud security firm that will remain cloud-agnostic under its new ownership. In fact, the ability to expand its customer base to companies that use competing cloud services like AWS or Azure was a key incentive for Google to buy the five-year-old startup, whose mandate is “to help every organization secure everything they build and run in the cloud — any cloud.” Google agreed to pay $32 billion for the New York-based firm, which had annual revenue of $700 million last year and was on track to increase that to $1 billion in 2025. Wiz, which had been considering an IPO, was most recently valued at $12 billion. Continue reading Google Agrees to Buy Cybersecurity Startup Wiz for $32 Billion