Google buys Wiz

Extracted Attributes

• Acquirer

  Google LLC (Alphabet Inc.)

• Significance

  Google's biggest-ever acquisition, seventh-biggest takeover of a private US firm on record

• Previous Offer

  Approximately 23 billion USD (turned down by Wiz in 2024)

• Acquired Company

  Wiz, Inc.

• Transaction Type

  All-cash transaction

• Wiz Headquarters

  New York, N.Y., United States

• Acquisition Price

  32 billion USD

• Wiz Product Focus

  Cloud security platform, multi-cloud functionality

• Strategic Rationale

  Accelerate cloud security and multicloud capabilities in the AI era, provide comprehensive security platform

• Perceived Regulatory Influence

  Trump premium (more favorable regulatory stance from the administration)

Timeline

• Wiz, Inc. was founded by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak. (Source: Web Search Results)

  2020-01-01

• Alphabet Inc. was in talks to acquire Wiz for approximately $23 billion, but Wiz reportedly turned down the offer to pursue an initial public offering. (Source: Web Search Results)

  2024-01-01

• Google LLC announced it signed a definitive agreement to acquire Wiz, Inc. for $32 billion in an all-cash transaction. (Source: Web Search Results)

  2025-03-18

List of mergers and acquisitions by Alphabet

Google is a computer software and a web search engine company that acquired, on average, more than one company per week in 2010 and 2011. The table below is an incomplete list of acquisitions, with each acquisition listed being for the respective company in its entirety, unless otherwise specified. The acquisition date listed is the date of the agreement between Google and the acquisition subject. As Google is headquartered in the United States, acquisition is listed in US dollars. If the price of an acquisition is unlisted, then it is undisclosed. If the Google service that is derived from the acquired company is known, then it is also listed here. Google itself was re-organized into a subsidiary of a larger holding company known as Alphabet Inc. in 2015. As of March 2025, Alphabet has acquired over 200 companies, with its largest acquisition being the purchase of Wiz (company), a cloud security company company, for $32 billion in 2025. Most of the firms acquired by Google are based in the United States, and, in turn, most of these are based in or around the San Francisco Bay Area. To date, Alphabet has divested itself of four business units: Frommers, which was sold back to Arthur Frommer in April 2012; SketchUp, which was sold to Trimble in April 2012, Boston Dynamics in early 2016 and Google Radio Automation, which was sold to WideOrbit in 2009. Many Google products originated as services provided by companies that Google has since acquired. For example, Google's first acquisition was the Usenet company Deja News, and its services became Google Groups. Similarly, Google acquired Dodgeball, a social networking service company, and eventually replaced it with Google Latitude. Other acquisitions include web application company JotSpot, which became Google Sites; Voice over IP company GrandCentral, which became Google Voice; and video hosting service company Next New Networks, which became YouTube Next Lab and Audience Development Group. CEO Larry Page has explained that potential acquisition candidates must pass a sort of "toothbrush test": Are their products potentially useful once or twice a day, and do they improve your life? Following the acquisition of Israel-based startup Waze in June 2013, Google submitted a 10-Q filing with the Securities Exchange Commission (SEC) that revealed that the corporation spent $1.3 billion on acquisitions during the first half of 2013, with $966 million of that total going to Waze.

Web Search Results

• Google announces agreement to acquire Wiz

  MOUNTAIN VIEW, Calif. and NEW YORK, N.Y. (March 18, 2025)—Google LLC today announced it has signed a definitive agreement to acquire Wiz, Inc., a leading cloud security platform headquartered in New York, for $32 billion, subject to closing adjustments, in an all-cash transaction. Once closed, Wiz will join Google Cloud. [...] This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds (multicloud). [...] Assaf Rappaport, Co-Founder & CEO, Wiz: "Wiz and Google Cloud are fully committed to continue supporting and protecting customers across all major clouds, helping keep them safe and secure wherever they operate. This is an exciting moment for our company, but an even more important one for customers and partners, as this acquisition will bolster our mission to improve security and prevent breaches by providing additional resources and deep AI expertise.” Contacts Investors:

• Google makes its biggest-ever acquisition | CNN Business

  CNN values your feedback Markets Hot Stocks Fear & Greed Index Latest Market News Hot Stocks Google makes its biggest-ever acquisition Follow: Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. It would be the tech giant’s biggest-ever acquisition. The all-cash takeover of privately held Wiz represents a big bet by Google on cloud security and cybersecurity in this period of explosive growth for artificial intelligence. [...] Wiz, which makes cybersecurity software for cloud computing, was in talks last summer to sell itself to Google for about a $23 billion, sources previously told CNN. But the two sides failed to reach a deal and Wiz said it would instead focus on an initial public offering. [...] At $32 billion, the Wiz acquisition ranks as the seventh-biggest takeover of a private US firm on record, according to Dealogic. Some on Wall Street are hoping the Google-Wiz deal will represent the start of a recovery in dealmaking, which has dried up in recent months amid turbulence in financial markets and weakening CEO confidence.

• Google parent Alphabet's biggest ever buyouts | Reuters

  Published Time: 2025-03-18T13:02:09.934Z Google parent Alphabet's biggest ever buyouts | Reuters =============== Skip to main content Report This Ad Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv , opens new tabwill buy cybersecurity startup Wiz for $32 billion, in a deal that represents the Google parent's biggest acquisition ever. [...] The deal value is much higher than the roughly $23 billion Google had offered for Wiz last year before antitrust worries forced the startup to shelve the deal. Coming soon: Learn about the latest breakthroughs in AI and tech with the Reuters AI newsletter. Sign up here. Here's a look at the Google parent's biggest acquisitions to date: Image 2: Alphabet's biggest-ever buyouts Alphabet's biggest-ever buyouts

• Wiz, Inc. - Wikipedia

  ### Acquisition by Alphabet Inc. [edit] In 2024, it was reported that Alphabet Inc. was in talks to buy Wiz at a reported valuation of $23 billion. Initially, Wiz turned down the offer in favor of going public.( However, the deal was revived due to weakness in the IPO market and on March 18, 2025, Alphabet Inc. announced an all-cash acquisition of Wiz for $32 billion.( Once closed, Wiz will join Google's cloud unit.( ### Funding [edit] [...] In March 2025, it was announced that Alphabet Inc. would acquire Wiz in a $32 billion deal.( History ------- [edit] Wiz was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom.( Rappaport is CEO, Costica is VP of Product, Reznik is VP of Engineering, and Luttwak is CTO. [...] 7. ^"Cloud security startup Wiz reaches $100M ARR in just 18 months". _TechCrunch_. 2022-08-10. Retrieved 2022-08-14. 8. ^"Wiz reports $350m revenue in 2023, hiring 400 in 2024". _Globes_. 2024-05-02. Retrieved 2024-02-11. 9. ^ _a__b_"Google announces agreement to acquire Wiz". _Google_. March 18, 2025. 10. ^ _a__b_Jin, Lauren Thomas and Berber. "Google Strikes $32 Billion Deal for Cybersecurity Startup Wiz". _WSJ_. Retrieved 2025-03-18.

• Google announces agreement to acquire Wiz | Google Cloud Blog

  # Google + Wiz: Strengthening Multicloud Security ##### Thomas Kurian CEO, Google Cloud ##### Try Gemini 2.5 Our most intelligent model is now available on Vertex AI Today, Google Cloud announced the signing of a definitive agreement to acquire Wiz to better provide businesses and governments with more choice in how they protect themselves. Together with Wiz, we are excited about the potential to provide customers with a comprehensive security platform that protects modern IT environments. [...] The acquisition is subject to customary closing conditions, including regulatory approvals. For more information, see our joint press release and Wiz’s blog. We look forward to welcoming the Wiz team and providing better cybersecurity alternatives for businesses and governments around the world. ##### Related articles ### Cloud CISO Perspectives: How governments can use AI to improve threat detection and reduce cost By Enrique Alvarez • 6-minute read [...] We wanted to answer a few questions about the acquisition. ### Why now? As we all see in the news every day, and our Mandiant consultants witness on the front lines with our customers, cybersecurity risks continue to accelerate with the number and severity of breaches continuing to grow.