Alphabet Announces $32 Billion Acquisition of Cybersecurity Firm Wiz

The all-cash deal, Alphabet's largest ever, aims to enhance Google Cloud's security offerings and competitiveness in the cloud market.

Alphabet, Google's parent company, has agreed to acquire cybersecurity startup Wiz for $32 billion in its largest-ever acquisition.
The acquisition will integrate Wiz into Google Cloud, boosting its AI-powered cybersecurity solutions while maintaining compatibility with other cloud platforms like AWS and Microsoft Azure.
Wiz, founded in 2020 and valued at $12 billion last year, rejected a $23 billion offer from Alphabet in 2024 to focus on an IPO.
The deal is expected to close in 2026, pending regulatory approval, as it faces scrutiny under Trump administration antitrust policies.
This acquisition underscores Alphabet's strategy to strengthen its position in the cloud market, where it trails behind Amazon and Microsoft.