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Google is set to acquire cybersecurity firm Wiz for $32 billion, marking its largest deal to date, with the transaction expected to close in 2026. This acquisition aims to enhance Google Cloud's security for multicloud environments, addressing the rise of AI-related cyber threats. Google Cloud CEO Thomas Kurian emphasized that Wiz's solutions will complement existing offerings, reinforcing the connection between AI and cybersecurity.
Alphabet is set to acquire Israeli startup Wiz for $32 billion, marking its largest deal to date, as it aims to enhance its cybersecurity offerings within the cloud computing sector. The acquisition, expected to close in 2026 pending regulatory approvals, will allow Wiz to continue serving clients across various cloud platforms, addressing potential antitrust concerns. Despite Alphabet's stock dip, analysts suggest the high price reflects Wiz's significant growth and the increasing demand for cybersecurity solutions.
Google's acquisition of Israeli cybersecurity firm Wiz was finalized for $32 billion, significantly higher than its initial $23 billion offer, following a shift in the U.S. administration that eased antitrust concerns. The deal included a rare breakup fee exceeding $3.2 billion, reflecting Wiz's impressive revenue growth. Key executives from both companies played crucial roles in navigating the negotiations amid regulatory scrutiny.
Thomas Kurian
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Google acquires Wiz for 32 billion to enhance multicloud security
06:30 24.03.2025
Alphabet acquires Israeli startup Wiz for 32 billion dollars in cash
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09:58 19.03.2025
google finalizes 32 billion acquisition of wiz after regulatory shifts
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05:46 19.03.2025
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