Google Acquires Cybersecurity Firm Wiz for $32 Billion

Alphabet Inc., Google's parent company, is acquiring Israeli cybersecurity startup Wiz for approximately $32 billion, making it the largest purchase in Alphabet’s history. The deal aims to strengthen Google’s cloud security and enhance its competition with Amazon and Microsoft. Wiz, founded in 2020, specializes in AI-driven cloud security and serves major clients like Morgan Stanley and DocuSign. Alphabet had previously offered $23 billion in 2024, but the deal was delayed due to antitrust concerns. Alphabet expects regulatory approval despite scrutiny over Big Tech mergers. Following the announcement, Alphabet’s shares dropped nearly 3%. 

https://www.reuters.com/technology/cybersecurity/google-agrees-buy-cybersecurity-startup-wiz-32-bln-ft-reports-2025-03-18/

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