0704 ET - Google's acquisition of Wiz could spur further consolidation in the cybersecurity space, with large players acquiring more point solutions and leaning further into platform approaches, says Susquehanna's Shyam Patil in a research note. The analyst says that the deal could potentially change the nature of Google's relationships with other partners like Palo Alto Networks, which has its own cloud security offerings that compete directly with Wiz. Patil adds that Google emphasized the acquisition will make cybersecurity more accessible and simpler for all types of organizations, regardless of business size or vertical. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
March 19, 2025 07:04 ET (11:04 GMT)
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