Google, under its parent company Alphabet, has announced the acquisition of Israeli cybersecurity startup Wiz for $32 billion, marking the largest acquisition in its history.
The deal comes after extensive negotiations between Alphabet and Wiz, with the latter having rejected a previous $23 billion offer from Google last year due to antitrust concerns.
Founded in 2020, Wiz has grown rapidly, backed by prominent investors such as Greenoaks, Sequoia Capital, Index Ventures, Insight Partners, and Cyberstarts.
The latest offer is approximately one-third higher than the previous bid, which Wiz canceled in July 2024. Assaf Rappaport, CEO of Wiz, described the earlier offer as “modest.”
This acquisition is expected to bolster Alphabet’s presence in the growing cybersecurity market and expand its cloud infrastructure business, which generated over $43 billion in revenue last year.
Wiz offers cloud-specific cybersecurity tools that operate across all platforms, enabling companies to identify and prioritize threats in complex cloud environments.
However, the deal may face scrutiny from antitrust regulators in the U.S. and Europe, as these bodies review major tech deals due to concerns over economic influence and market power.
