Google has signed a definitive agreement to acquire New York-based cloud security startup Wiz for $32 billion in an all-cash deal, marking its largest acquisition to date.
Wiz will join Google Cloud, strengthening its cybersecurity capabilities. The deal is expected to close in 2026, pending regulatory approvals.
Wiz previously walked away from a $23 billion offer in 2023, citing concerns over antitrust scrutiny and investor sentiment, instead planning for an IPO. However, with the public offering market slowing and shifting regulations, the company reconsidered.
Founded in 2020, Wiz quickly grew, reaching $100 million in annual recurring revenue within 18 months. Its security products, including prevention, active detection, and response, have attracted major enterprises and will continue to support platforms like AWS, Microsoft Azure, and Oracle Cloud.
Google’s acquisition comes as cybersecurity and AI-driven threats become increasingly critical. While Wiz will integrate with Google Cloud, its products will remain available on competing platforms.
“Google Cloud is a leader in cloud infrastructure, with deep AI expertise and a track record of industry-leading security innovation,” Google said in a release. “Bringing all this to Wiz will help make their solutions even better and more scalable, benefiting customers and partners across all major clouds.”
This move reflects Google’s evolving M&A strategy, as it historically avoided massive acquisitions. Its previous largest deal was Motorola for $12.5 billion in 2012, followed by the $5.4 billion Mandiant acquisition in 2022.
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The deal also follows a federal ruling last year that Google holds a monopoly in search, adding regulatory complexity.
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