The European Commission has given unconditional approval to Google’s $32 billion acquisition of cloud security firm Wiz, following an antitrust review. The decision comes despite concerns from industry critics who argued that the deal could further entrench Google’s dominance in the cloud and cybersecurity sectors.
In its assessment, the Commission concluded that the transaction would not significantly reduce competition in the markets for cloud infrastructure services or cybersecurity software. Officials noted that customers would continue to have access to a variety of competing vendors, including Amazon Web Services (AWS), Microsoft Azure, and other security providers.
The EU regulator stated that Wiz’s offerings are complementary to Google Cloud’s existing portfolio, and the merged entity would not have the ability or incentive to foreclose rival services.
Critics of the deal, however, warned that the acquisition could reinforce Google’s ecosystem, making it harder for emerging security startups to compete or integrate across multiple cloud environments. Nonetheless, the Commission found no evidence to support such risks to competition.
With this approval, Google moves forward in expanding its cloud security footprint, leveraging Wiz’s rapid growth and innovative threat detection capabilities to enhance its enterprise offerings
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