The all-cash deal is set to boost Alphabet’s profile in the cloud computing market, a space currently led by Amazon and Microsoft.

Here’s my take on Google’s $32 billion bet on cloud security with their offer to acquire Wiz. I think they just redefined the game. Google Cloud just leveled up vs. AWS & Azure: Security was Google’s weak spot in cloud offerings.

Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.