Google has announced a definitive agreement to acquire Wiz, a leading cloud security platform, for $32 billion in an all-cash deal. This marks Google’s largest acquisition to date, underscoring its commitment to strengthening cloud security.
Why Google is Acquiring Wiz
Founded in 2020, Wiz has rapidly grown into one of the largest cybersecurity firms specializing in cloud security. The company offers a powerful online cybersecurity platform that integrates with major cloud providers, including Amazon Web Services (AWS), Microsoft Azure, and Oracle Cloud, enabling organizations to detect and mitigate security risks from a centralized dashboard.
A Game-Changer for Cloud Security
Sundar Pichai, CEO of Google, emphasized the increasing demand for robust cloud security solutions and multi-cloud capabilities:
“Today, businesses and governments that run in the cloud are looking for even stronger security solutions and greater choice in cloud computing providers. Together, Google Cloud and Wiz will turbocharge improved cloud security and the ability to use multiple clouds.“
Wiz’s co-founder and CEO, Assaf Rappaport, echoed this sentiment, highlighting the company’s mission to make cybersecurity more accessible across various cloud platforms.
Cybersecurity Threats Drive Demand
This acquisition comes amid a surge in cybersecurity threats targeting cloud platforms, aiming to steal data, conduct cyber espionage, and infiltrate corporate networks. With Wiz’s capabilities, Google Cloud Security aims to provide even stronger protection for organizations worldwide.
Google’s Biggest Cloud Security Investment
According to the Associated Press, this $32 billion deal represents Google’s most significant acquisition ever, demonstrating its intensified focus on cloud security and cyber defense.
Wiz Rejected Previous Offer, Considered IPO
Bloomberg previously reported that Wiz turned down a $23 billion offer from Google last year, opting instead to explore an initial public offering (IPO). However, with cybersecurity threats escalating, the alignment between Wiz and Google Cloud became a strategic priority.
What Happens Next?
If the deal is approved, Wiz will become part of Google Cloud Security’s expanding portfolio, joining services like:
- Google Security Operations
- Security Command Center Enterprise
- Chrome Enterprise
- Mandiant Consulting (acquired by Google in 2022 for $5.4 billion)
The transaction is subject to regulatory approval and is expected to close in 2026.
- Google acquires Wiz for $32 billion in an all-cash deal.
- Wiz’s cloud security solutions will continue supporting AWS, Azure, and Oracle Cloud.
- This is Google’s largest acquisition to date, surpassing its $5.4 billion purchase of Mandiant in 2022.
- The deal is pending regulatory approval and expected to finalize in 2026.