Wiz Acquires Dazz Security for $450 Million

Wiz announces acquisition of Dazz Security for $450 million. This strategic acquisition aims to enhance Wiz’s Cloud Native Application Protection Platform (CNAPP) by integrating Dazz’s advanced Application Security Posture Management (ASPM) technology. The deal will enable organizations to better manage application risks by correlating data and pinpointing vulnerabilities, allowing engineers to resolve issues directly in the code. Wiz’s CEO, Assaf Rappaport, expressed excitement about the partnership, highlighting the shared vision for cybersecurity innovation that brought him and Dazz’s CEO, Merav Bahat, together again. The integration is expected to streamline collaboration between security and engineering teams, improving the efficiency of risk management and remediation processes across the software development lifecycle.