Google is making the biggest acquisition in its history. The company's parent company Alphabet is buying Wiz, the cloud security startup, for $32 billion

Google has announced it will acquire cloud security startup Wiz. If completed, the acquisition — an all-cash deal valued at $32 billion — would mark the largest in Google's history.

Google’s parent Alphabet said Tuesday that it had agreed to buy cybersecurity company Wiz for $32 billion in cash, marking the tech company’s largest purchase to date. The acquisition combines Wiz’s security platform with Google’s cloud infrastructure.