Wiz in Google's Crosshairs: A Meticulous $30 Billion Pursuit Amid Cyber M&A Frenzy

Deal News | Mar 18, 2025 | EIN

Wiz in Google's Crosshairs: A Meticulous $30 Billion Pursuit Amid Cyber M&A Frenzy

Alphabet Inc., the parent company of Google, is reportedly in advanced discussions to acquire the Israeli-founded cybersecurity firm Wiz for approximately $30 billion. This acquisition, if concluded, would be the largest in Google's history and is being facilitated by a more favorable regulatory environment under the Trump administration. The acquisition would help Google, which is currently lagging behind rivals like Microsoft and Amazon in the cloud security sector, to strengthen its position. Previously, Wiz had turned down a $23 billion offer from Google, opting instead for an IPO. However, with its annual recurring revenue nearing $500 million and a significant portion of the Fortune 100 as clients, Wiz's growth attracts an irresistible bid from Google. The regulatory obstacles seen under the Biden administration, which was stringent on big tech mergers, have eased with the pro-business stance of the Trump administration. Investment firms, previously backing Wiz's IPO dreams, may now favor Google's substantial offer.

Sectors

  • Technology
  • Cybersecurity
  • Mergers and Acquisitions

Geography

  • United States – Google, a major US-based technology corporation, is initiating an acquisition, reflecting significant cross-border business activities.
  • Israel – Wiz, the target company, is an Israeli-founded firm, important for understanding the startup's origins and global business impact.

Industry

  • Technology – The article focuses on Google's strategic acquisition of a cybersecurity company, highlighting technological advancements and market competition.
  • Cybersecurity – Wiz is a major player in the cybersecurity industry, providing cloud-native security solutions to a significant client base.
  • Mergers and Acquisitions – The article discusses a major acquisition, detailing negotiations and market strategies relevant to M&A activities.

Financials

  • $30 billion – The valuation of Google's offer to acquire Wiz, marking a significant investment in cybersecurity.
  • $23 billion – The value of Google's initial offer to Wiz, which was turned down in favor of pursuing an IPO.
  • $500 million – Wiz's annual recurring revenue, highlighting its financial performance and attractiveness to Google.

Participants

NameRoleTypeDescription
Alphabet Inc.Parent company of GoogleCompanyThe parent company of Google, involved in technology and Internet-related services.
GoogleAcquiring companyCompanyA tech giant and the acquiring company seeking to enhance its cybersecurity capabilities.
WizTarget companyCompanyAn Israeli-founded cybersecurity company targeted for acquisition by Google.
Assaf RappaportCEO of WizPersonThe CEO of Wiz, known for his leadership and vision for independence.
Trump AdministrationGovernmentGovernmentThe current administration, which has signaled a pro-business stance that could facilitate the acquisition's approval.
Andreessen HorowitzInvestorCompanyA leading venture capital firm investing in Wiz.
Lightspeed Venture PartnersInvestorCompanyA venture capital firm, part of Wiz's investment backers.
Thrive CapitalInvestorCompanyAn investment firm backing Wiz's growth and potential IPO.