Google Acquires Wiz for $32 Billion
Google finalized its acquisition of Wiz for $32 billion—its largest acquisition ever—to bolster its cloud security offerings. Wiz will continue as a multi-cloud platform, allaying fears of vendor lock-in. The move is a direct response to the rising complexity and risks of AI-driven cyber threats in multi-cloud environments.
The acquisition of Wiz by Google for $32 billion, finalized this week, marks the largest deal in both Google's and Israel's tech history. Wiz, founded in 2020 by Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, rapidly gained prominence in the cloud security space with its agentless platform. The platform scans computing infrastructure across major cloud providers like AWS, Azure, and Google Cloud, identifying risk factors that could lead to data breaches. Google's initial offer of $23 billion in July 2024 was rejected by Wiz, who believed the market would improve. Renewed negotiations led to the final $32 billion all-cash deal in early 2025, which included a $3.2 billion termination fee. The deal is expected to generate substantial tax revenue for Israel, with the founders, early investors like Cyberstarts, and Wiz employees holding significant equity. Wiz's platform will continue to operate independently and support multiple cloud environments, including AWS, Azure, and Oracle Cloud. Google plans to integrate Wiz's capabilities with its own cloud security offerings, such as Mandiant Consulting and AI-powered threat intelligence, to provide a unified security platform. Competitors to Wiz include Orca Security, Palo Alto Networks, and CrowdStrike.
