Google has announced plans to acquire cybersecurity start-up Wiz for a whopping $32 billion, marking its largest deal to date. The move is aimed at strengthening Google’s cloud computing business and expanding beyond its traditional search engine and consumer internet services. The all-cash deal is expected to close in 2026 and inject fresh momentum into Google Cloud, the division that sells computing services to businesses.
The acquisition of Wiz, a company that many consumers may be unfamiliar with but is relied upon by a growing number of businesses to protect their cloud applications, is Google’s most aggressive effort to keep up with rivals like Microsoft in the cybersecurity space. The deal is subject to regulatory approval, which could prove challenging as Google is currently facing antitrust battles with the U.S. government.
The purchase of Wiz aligns with Alphabet’s strategy of diversifying beyond its core search engine and online advertising businesses. Google Cloud has made previous acquisitions in the cybersecurity space, and the addition of Wiz could help Google catch up to competitors in the rapidly growing market. The acquisition is expected to drive growth for Google Cloud, which has seen revenue expansion slow in recent years.
Wiz, which has experienced rapid growth in recent years, plans to reach $1 billion in recurring revenue this year. The company’s CEO, Assaf Rappaport, expressed optimism about the deal, stating that joining forces with Google will accelerate innovation and enable them to protect more organizations. The acquisition is being closely watched by industry analysts, who remain uncertain about whether Google would receive regulatory approval for the deal.
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