Google completes $32B acquisition of Wiz

Google completes $32B acquisition of Wiz

In a groundbreaking development, Google has successfully finalized its acquisition of Wiz, an Israeli cybersecurity company, for a staggering $32 billion in cash. This monumental transaction, which marks the largest acquisition in Google's history, was announced a year prior to its completion. Wiz is renowned for its robust security platform designed to safeguard significant cloud environments against cybersecurity threats. Moving forward, the company will integrate with Google Cloud while retaining its brand identity and commitment to securing customers across various cloud platforms. This acquisition follows Wiz achieving over $1 billion in annual recurring revenue (ARR) in 2025, highlighting its rapid growth and market significance. A spokesperson from Google stated, "This acquisition is a strategic investment by Google Cloud aimed at enhancing cloud security and enabling enterprises to operate swiftly and securely across diverse cloud and AI platforms." As organizations increasingly adopt multi-cloud strategies involving Google Cloud, AWS, Azure, and Oracle Cloud, Wiz's inclusion is a strategic effort by Google to attract more enterprise clients through a comprehensive multi-cloud security solution. The partnership is set to deliver a unified security platform, empowering organizations to respond to threats more effectively—an essential requirement in an era where coding vulnerabilities and prompt-based attacks are on the rise. Wiz has also been utilizing artificial intelligence to enhance threat detection and investigation across various layers of cloud environments, from code and infrastructure to runtime. The acquisition discussions initially began in 2024 when Google proposed a $23 billion offer to Wiz, which was declined by CEO Assaf Rappaport, who believed the company's potential was much greater. However, negotiations resumed in early 2025, leading to the announcement of the final $32 billion deal in March 2025. Regulatory approvals from U.S. and European Union authorities were secured in late 2025 and early 2026, respectively, following thorough antitrust investigations. This update provides further insights into the acquisition and Wiz's financial performance in 2025.

Sources : TechCrunch

Published On : Mar 11, 2026, 13:25

Streaming
Spotify Shares Dive Despite Surpassing Earnings Estimates Due to Cautious Outlook

Spotify, the Swedish audio streaming giant, saw its stock tumble by 9% in premarket trading following a disappointing ea...

CNBC | Apr 28, 2026, 13:10
Spotify Shares Dive Despite Surpassing Earnings Estimates Due to Cautious Outlook
Computing
Rural America Fights Back Against Data Center Expansion

In Tazewell County, Illinois, local farmer Michael Deppert relies on an underground aquifer beneath his sandy fields to ...

Ars Technica | Apr 28, 2026, 14:15
Rural America Fights Back Against Data Center Expansion
Startups
Lovable Unveils Innovative No-Code AI App Builder for Mobile Users

The launch of Lovable's no-code AI app builder marks a significant advancement in mobile app development, despite Apple'...

TechCrunch | Apr 28, 2026, 16:50
Lovable Unveils Innovative No-Code AI App Builder for Mobile Users
Mobile
Apple Unveils New Subscription Model for App Store Developers

Apple has announced a new opportunity for App Store developers, allowing them to attract subscribers with affordable sub...

TechCrunch | Apr 28, 2026, 15:15
Apple Unveils New Subscription Model for App Store Developers
AI
Internal Dissent at Google Following Controversial Pentagon AI Contract

A Google DeepMind researcher expressed profound disappointment after the tech giant finalized a deal with the Pentagon f...

Business Insider | Apr 28, 2026, 16:40
Internal Dissent at Google Following Controversial Pentagon AI Contract
View All News