Particle.news

Download on the App Store

Google Acquires Wiz for $32 Billion in Largest Deal to Date

The cybersecurity leader will join Google Cloud, advancing its multicloud security strategy and aiming to boost Google's position in the cloud services market.

Image
Image
Image

Overview

  • Google parent Alphabet has announced the $32 billion all-cash acquisition of Wiz, a cybersecurity startup founded in 2020 by Israeli military veterans.
  • Wiz will be integrated into Google Cloud, enhancing its multicloud security offerings and helping Google compete with Amazon and Microsoft in the cloud services market.
  • The acquisition is Google's largest ever and reflects its strategic focus on addressing growing cybersecurity demands in the cloud era.
  • Early investors, including Cyberstarts and Sequoia, are set to achieve massive returns, with Cyberstarts seeing a 222x return on its initial investment.
  • The deal, expected to close next year, is subject to regulatory approval, with antitrust scrutiny anticipated despite a potentially favorable political environment under the Trump administration.