Google officially completed its acquisition of Israeli cloud computing and cybersecurity startup Wiz for $32 billion in cash, exactly one year after the deal was announced. This record-breaking amount makes it the largest acquisition in Google’s history.
Google initially offered $23 billion to acquire Wiz in 2024, but this was rejected by CEO Asaf Rappaport, who believed the company still had significant growth potential. Negotiations resumed in early 2025, and the $32 billion acquisition plan was announced in March of the same year. After antitrust review, it received approval from US and European regulators in November 2025 and February 2026, respectively.
Wiz focuses on security protection for large-scale cloud environments. Its platform can prevent and respond to cybersecurity threats. After joining Google Cloud, Wiz will retain its own brand and continue to provide services to customers in various cloud environments. Sources familiar with the matter revealed that Wiz’s annual recurring revenue (ARR) exceeding $1 billion in 2025 was a crucial factor in the successful transaction.
Google stated that this acquisition is a significant investment in Google Cloud, aimed at enhancing cloud security and helping organizations build applications securely and quickly across various cloud and AI platforms. With large organizations now operating across multiple cloud platforms, Google hopes to leverage Wiz’s AI technology and multi-cloud security capabilities to jointly create a unified security platform, addressing the increasing number of security vulnerabilities and attacks, and attracting more enterprise customers.
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