Wiz Acquires Gem Security, Pushes Security Tools Consolidation

April 12, 2024 at 12:48PM Cloud security vendor Wiz has acquired Gem Security, an Israeli startup specializing in cloud detection and incident response technologies, for approximately $350 million. Wiz CEO Assaf Rappaport aims to consolidate cloud security operations and strengthen their CDR capabilities. The acquisition aligns with Wiz’s ambition to lead the market and integrate … Read more

Wiz Acquires Gem Security to Expand Cloud Detection and Response Offering

April 10, 2024 at 05:15PM Wiz has acquired New York-based startup Gem Security for $10 billion. This aims to enhance Wiz’s Cloud Detection and Response (CDR) capabilities and consolidate its Cloud Native Application Protection Platform (CNAPP). The deal sees Gem’s technology and employees joining Wiz, positioning Wiz as the world’s leading cloud security platform with … Read more