Alphabet said on Tuesday it would buy Wiz for about $32 billion in its biggest deal ever, as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.

Google parent Alphabet (GOOG) has agreed to acquire cloud security platform Wiz for $32 billion in cash, the companies announced Tuesday. The deal is subject to regulatory approval and is expected to close next year,

Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, according to people familiar with the matter. A deal could come together soon, granted the talks don’t hit any last-minute snags,