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Google to buy cybersecurity firm Wiz for $32 billion, the largest deal in company history

Google-1.13757534 Google (AP Photo/Jeff Chiu, File)

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Google will buy cybersecurity firm Wiz for $32 billion — in a deal set to boost the tech giant's in-house cloud computing amid burgeoning artificial intelligence growth. 

If closed, the-cash transaction, announced Tuesday, will become Google's most expensive acquisition in the company's 25-year history. 

The purchase gives Google new momentum in its efforts to compete in the cloud-computing business by offering more security for its services.