Google to Acquire Israeli Startup for $32 Billion
Google’s parent company, Alphabet, has announced its largest acquisition to date, purchasing Israeli startup Wiz for Google Cloud. This marks a second attempt after last year’s failed $23 billion offer.
Wiz, a cloud security provider for Microsoft, Amazon, and other companies, was valued at $16 billion in late 2024 and had been preparing for an IPO. If approved, the deal will surpass Google’s 2012 acquisition of Motorola for $12.5 billion.
— This will accelerate the pace of innovation and deployment. Becoming part of Google Cloud is like getting a rocket booster, — said Wiz CEO Assaf Rappaport.
The deal may face antitrust scrutiny, but Google assures that Wiz will remain a multi-cloud platform, continuing to support AWS, Azure, and Oracle Cloud.
Despite ongoing antitrust cases, Google continues to strengthen its position in cloud security. The company acquired Siemplify and Mandiant in 2022, and this latest move is expected to bolster its competitive edge against Microsoft.
