Google is reportedly pursuing the acquisition of cybersecurity company Wiz for approximately $32 billion, according to industry sources. The potential deal would represent the largest acquisition in Google's history, significantly surpassing its previous record of $12.5 billion for Motorola Mobility in 2012.

Wiz, founded in 2020, provides cloud security solutions and has emerged as a major player in the cybersecurity sector. The company helps organizations secure their cloud infrastructure and has attracted significant venture capital investment since its inception.

Shardul Shah, a partner at Index Ventures and investor in Wiz, has been discussing the potential transaction. Index Ventures has been a notable backer of the cybersecurity firm as it has grown rapidly in the competitive cloud security market.

The potential acquisition comes as Google continues to expand its enterprise and cloud security offerings to compete with rivals like Microsoft and Amazon. Cybersecurity has become an increasingly critical area for tech companies as businesses face growing threats and regulatory requirements around data protection.

Neither Google nor Wiz have officially confirmed the acquisition talks, and the deal has not been finalized. The reported $32 billion valuation would represent a significant premium for Wiz, reflecting the high value placed on cybersecurity companies in the current market environment.