Google completes $32B acquisition of cybersecurity startup Wiz

In short: Google finalized its $32 billion all-cash purchase of cybersecurity company Wiz on March 11, 2026.

What happened

Google has completed its acquisition of Wiz for $32 billion. The deal closed on March 11, 2026, and it is Google’s largest acquisition so far.

The companies had been talking for a while. Google first offered about $23 billion in 2024, but Wiz said no, with CEO Assaf Rappaport saying the company could grow on its own. Talks restarted in early 2025, and Google announced a $32 billion agreement in March 2025.

Before the deal could finish, regulators reviewed it for antitrust concerns, meaning they looked for signs it could reduce competition. The deal received approval in the US in November 2025 and in the EU in February 2026, before closing in March.

Google says Wiz will keep its own brand and will continue to work across multiple cloud services, including AWS, Microsoft Azure, Google Cloud, and Oracle Cloud. “Cloud” here means renting computing power over the internet, like renting storage space instead of buying a hard drive.

Why it matters

For many companies, security has to cover more than one cloud provider at the same time. Wiz sells tools that help spot and respond to cyber threats across those different setups, including risks tied to AI use. Google is betting that adding Wiz will help Google Cloud offer stronger, simpler security, and potentially lower the cost and effort of protecting data in mixed systems.

Source: TechCrunch AI