Google Moves Ahead with $32 Billion Acquisition of Cybersecurity Firm Wiz

Alphabet confirms Wiz deal after months of negotiations

Alphabet, the parent company of Google, has announced a definitive agreement to acquire cloud security company Wiz for $32 billion. The acquisition, once completed, will represent the largest corporate purchase in Alphabet’s history. Earlier this year, initial talks between the two companies had stalled due to regulatory concerns, particularly over competitive implications. However, after renewed negotiations, the deal is now moving forward.

Wiz, founded in 2020, has rapidly emerged as a key player in the cloud cybersecurity space, offering solutions that protect infrastructure across multiple platforms. The company had reached a $12 billion valuation in its latest funding round and was reportedly exploring a potential IPO. However, Google’s renewed offer and the opportunity to scale under Google Cloud changed the trajectory. The acquisition follows Google’s previously rejected $23 billion offer in 2023, which was shelved in response to regulatory pushback.

Wiz will operate independently after acquisition

According to the terms of the agreement, Wiz will maintain its operational independence, continuing to serve clients across a variety of cloud service providers. This includes not only Google Cloud, but also Amazon Web Services (AWS), Microsoft Azure, and Oracle. The decision to remain cloud-agnostic is seen as critical to Wiz's current customer base, many of whom operate in multi-cloud environments.

In addition to preserving its independent operations, Wiz is expected to expand its workforce and may pursue additional acquisitions as part of its long-term growth plans. The company has made clear that joining Google Cloud will not limit its ability to work with other partners in the cloud ecosystem. The deal is currently pending regulatory approvals in relevant jurisdictions before it can be finalized.

Google Cloud emphasizes cybersecurity strategy

Commenting on the acquisition, Google Cloud CEO Thomas Kurian stated that the move aligns with the company’s strategic goals. "Helping companies prevent cyberattacks will enhance security in complex enterprise software environments," he said. His remarks reflect Google Cloud’s intent to bolster its cybersecurity offerings at a time when enterprise clients face increasingly sophisticated threats.

The acquisition is also seen as a competitive move against other tech giants investing in cloud security. By bringing Wiz into its portfolio, Google seeks to strengthen its position among enterprise customers requiring flexible, secure, and scalable cloud infrastructure. How this acquisition shapes the dynamics of the broader cybersecurity market remains to be seen, but industry analysts are closely watching its regulatory journey and eventual integration.