TLDR
- Alphabet has finalized its record-breaking $32 billion cash acquisition of Wiz, a cybersecurity platform provider
- Initially revealed in March 2025, the transaction received both U.S. and European regulatory approvals before completion
- Wiz becomes part of Google Cloud while maintaining its brand identity and multi-cloud platform support including AWS, Azure, and Oracle Cloud
- The cybersecurity firm achieved over $1 billion in ARR during 2025 prior to the acquisition’s finalization
- After rejecting Google’s initial $23 billion bid in 2024, Wiz returned to negotiations securing a $32 billion valuation
Alphabet has finalized its acquisition of Wiz, the cloud security specialist, in a historic $32 billion all-cash transaction announced Wednesday. This marks the tech giant’s largest acquisition to date, concluding a negotiation process that spanned multiple years.
The transaction was publicly revealed in March 2025, approximately twelve months after Google’s original overture. Wiz’s CEO Assaf Rappaport rejected the initial $23 billion proposal, confident in the company’s higher valuation potential. His conviction proved accurate — renewed discussions in early 2025 resulted in Google raising its offer by nearly $10 billion.
Regulatory approvals came in stages: U.S. authorities granted clearance in November 2025, the European Union followed with approval in February 2026, and the deal officially closed this week.
Wiz specializes in cloud security solutions that provide comprehensive monitoring and protection across cloud infrastructures. The platform delivers end-to-end security coverage spanning code development, infrastructure layers, and runtime operations — enabling enterprises to identify and neutralize threats proactively.
According to sources with knowledge of the company’s financials, Wiz surpassed $1 billion in annual recurring revenue during 2025, establishing itself among the fastest-scaling software enterprises in recent history.
What Wiz Brings to Google Cloud
While Wiz will function under the Google Cloud umbrella, the company will preserve its independent brand identity and maintain its multi-cloud philosophy. Wiz products will remain compatible across AWS, Azure, Oracle Cloud, and Google Cloud — maintaining a deliberately platform-agnostic strategy.
“We remain committed to our open approach, ensuring Wiz continues to support all major cloud and code environments,” Rappaport said in a statement.
Alphabet positioned the acquisition as a strategic move to strengthen enterprise cloud security capabilities. With large enterprises increasingly distributing infrastructure across multiple cloud providers, platform-neutral security solutions are gaining strategic importance.
Alphabet CEO Sundar Pichai emphasized the deal’s alignment with the company’s core objectives. “By bringing Wiz and Google Cloud together, we’re making it easier for organizations to innovate with confidence,” he stated.
A Long Road to Close
The acquisition journey was far from linear. Google initially pursued Wiz in 2024, only to be rebuffed. The cybersecurity firm maintained its aggressive growth trajectory, reaching $1B ARR and validating its valuation stance.
When negotiations reopened in 2025, the financial terms had shifted dramatically. The $32 billion all-cash agreement surpasses Google’s previous acquisition record — the $12.5 billion Motorola Mobility purchase completed in 2012.
Both U.S. and European regulatory bodies conducted thorough examinations. The Department of Justice approved the transaction in November 2025, while the European Commission completed its antitrust assessment and granted approval in February 2026.
Alphabet shares experienced modest decline in premarket activity Wednesday following the closing announcement.
Both organizations have indicated plans to develop an “integrated security platform” designed to accelerate threat detection and response capabilities across diverse cloud environments.
Wiz’s platform leverages artificial intelligence to enhance threat detection speed and investigation efficiency. This AI-driven methodology now belongs to Google — integrated into Google Cloud’s expanding enterprise security portfolio.



