Wiz Acquires Gem Security

April 10, 2024

Cloud security vendor Wiz has acquired New York-based cloud detection and response startup Gem Security to strengthen its real-time detection and response capabilities. Financial terms were not disclosed (reports peg the price around $350 million), and Gem's founding team will join Wiz's executive team.

Buyers
Wiz
Targets
Gem Security
Industry
Cybersecurity
Location
New York, United States
Transaction Type
Buyout

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