Alphabet (GOOGL) is in focus this morning after announcing its largest acquisition to date. The tech titan has agreed to buy Wiz, an information technology security startup based out of New York for a hefty $32 billion,

Google’s parent Alphabet said Tuesday that it had agreed to buy cybersecurity company Wiz for $32 billion in cash, marking the tech company’s largest purchase to date. The acquisition combines Wiz’s security platform with Google’s cloud infrastructure.