Google Strikes Landmark $32 Billion Deal with Wiz
Deal News | Mar 18, 2025 | EIN
Google's parent company, Alphabet, has announced its largest acquisition to date with the purchase of cloud security startup Wiz for $32 billion in an all-cash transaction. This significant move is expected to close in 2026 and marks a strategic effort to bolster Google's standing in the competitive cloud computing market, where it competes with Microsoft and Amazon. This acquisition underscores a shared vision between Wiz and Google Cloud for improving cybersecurity measures across multiple cloud platforms. Initially, Google had attempted a $23 billion buyout of Wiz in the previous year, which was declined. The acquisition reflects a notable shift in the M&A landscape, with declining activity in early 2025. CEO of Wiz, Assaf Rappaport, suggests that integration with Google Cloud will greatly enhance Wiz's innovative capabilities. This deal eclipses Google's previous record of a $12.5 billion acquisition of Motorola Mobility in 2012. Meanwhile, Google's stock fell by 4.1%, settling at $159.60 per share.
Sectors
- Cloud Computing
- Cybersecurity
- Technology
Geography
- United States – Both Google and Wiz are based in the U.S., making it the primary geography for this transaction.
Industry
- Cloud Computing – The acquisition involves Google's cloud business and Wiz, a company specializing in cloud security. This deal will enhance Google Cloud's capabilities and competitiveness.
- Cybersecurity – Wiz provides cloud security management, making this industry highly relevant to the acquisition. The deal aims to boost multicloud cybersecurity solutions.
- Technology – The primary industry context for both Google and Wiz is technology, engaged in cloud services, security, and innovation.
Financials
- 32 billion – The acquisition value for Wiz, making it Google's largest acquisition to date.
- 4.1% – The percentage decrease in Google's stock price following the acquisition announcement.
- 159.60 – Google's stock price per share an hour into trading post-announcement.
- 68.3 billion – Total announced M&A deals in technology, media, and telecom sectors in the U.S. this year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alphabet Inc. | Bidding Company | Company | The parent company of Google, involved in the acquisition of Wiz. |
| Wiz | Target Company | Company | A cloud security startup being acquired by Google for $32 billion. |
| Assaf Rappaport | CEO and Co-Founder | Person | CEO and Co-Founder of Wiz, engaged in decisions regarding the acquisition. |