Google completed the acquisition of cybersecurity firm Wiz, valued at $32 billion, on March 12, 2026. The deal was approved by European and U.S. regulators after a lengthy review process.

Deal-at-a-glance
AcquirerGoogle (US)
TargetWiz (IL)
Value$32.0bn
TypeAcquisition
Close dateMarch 12, 2026
Announcement dateMarch 12, 2026
Buy-side advisorsN/A
Sell-side advisorsN/A
Legal buy-side advisorsN/A
Legal sell-side advisorsN/A

The acquisition of Wiz aims to bolster Google Cloud’s cybersecurity offerings, enabling the tech giant to better compete with rivals Amazon and Microsoft in cloud services.

Deal mechanics:

Google finalized its purchase of Wiz on March 12, 2026. The deal was initially announced on the same day it closed, after Google obtained approval from U.S. antitrust authorities in November 2024 and European regulators.

Strategic rationale:

The acquisition of Wiz is a strategic move for Google to enhance its cloud security capabilities. By integrating Wiz’s expertise in cybersecurity, Google aims to strengthen its competitive position against market leaders Amazon and Microsoft, which have been expanding their cloud security portfolios through acquisitions and internal development.

Financial context:

The $32 billion valuation underscores the high premium placed on cybersecurity capabilities within the tech industry. This acquisition is one of the largest in Google’s history and highlights the company's commitment to growing its cloud business amid increasing competition.

Advisors:

Details regarding buy-side, sell-side, and legal advisors involved in the transaction were not disclosed by either party.

Outlook:

The acquisition of Wiz marks a significant milestone for Google’s cloud division. Integrating Wiz's technology will enable Google to offer more robust security solutions to its enterprise clients, positioning it as a stronger competitor in the rapidly evolving cloud security market.