TLDR

  • Google has formally finalized its $32 billion all-cash purchase of cybersecurity company Wiz, marking its biggest deal ever
  • The deal was first announced in March 2025 and cleared U.S. and EU regulatory checks before closing
  • Wiz will join Google Cloud but retain its brand and keep supporting AWS, Azure, and Oracle Cloud
  • Wiz hit $1 billion in annual recurring revenue in 2025 prior to the deal’s closure
  • Google initially offered $23 billion in 2024 — Wiz rejected the offer, and talks resumed a year later with a $32 billion bid

Google confirmed Wednesday morning that it has formally completed its $32 billion acquisition of cloud cybersecurity firm Wiz. This stands as Google’s largest deal to date, and it’s been a lengthy process to get here.

The deal was first made public in March 2025, a year after Google’s initial $23 billion proposal. Wiz CEO Assaf Rappaport rejected that first offer outright, stating he thought the company was more valuable. He was correct — when discussions restarted in early 2025, Google’s offer was almost $10 billion higher.

The deal got the green light from U.S. regulators in November 2025, with EU approval coming in February 2026, prior to its official closing this week.

Wiz develops security software that monitors and safeguards cloud environments. Its platform spans code, infrastructure, and runtime — helping businesses catch threats before they escalate into breaches.

According to a source with knowledge of the situation, the startup hit $1 billion in ARR in 2025. That milestone made it one of the fastest-growing software companies in recent years.

What Wiz Brings to Google Cloud

Wiz will be part of Google Cloud but will retain its brand and its commitment to cross-cloud support. This means Wiz’s products will still function across AWS, Azure, Oracle Cloud, and Google Cloud — a purposefully open strategy.

“We remain committed to our open approach, ensuring Wiz continues to support all major cloud and code environments,” Rappaport said in a statement.

Google positioned the deal as an investment in enterprise cloud security. As more large organizations distribute their workloads across multiple cloud providers, a vendor-agnostic security layer grows more appealing.

Alphabet CEO Sundar Pichai said the acquisition fits Google’s broader mission. “By bringing Wiz and Google Cloud together, we’re making it easier for organizations to innovate with confidence,” he said.

A Long Road to Close

The journey to this deal wasn’t simple. Google first reached out to Wiz in 2024, and Wiz declined. The startup kept growing rapidly, achieving $1 billion in ARR and validating its valuation stance.

When discussions restarted in 2025, the price had increased significantly. At $32 billion in cash, this deal surpasses Google’s prior largest acquisition — its $12.5 billion buy of Motorola Mobility in 2012.

Regulators in both the U.S. and Europe conducted thorough reviews. The U.S. Department of Justice approved the deal in November 2025, followed by the EU in February 2026 after its antitrust assessment.

Alphabet’s stock dipped slightly in premarket trading Wednesday after the closing announcement.

The two firms have stated they intend to develop a “unified security platform” that helps organizations detect and respond to threats more quickly across cloud environments.

Wiz’s technology leverages AI to accelerate threat detection and investigation. This AI-first strategy is now under Google’s purview — and integrated into Google Cloud’s expanding enterprise security offerings.