Google Closes $32B Wiz Acquisition — Largest Deal in Company History

Google has officially closed its $32 billion acquisition of Wiz, the Israeli cloud security startup — making it the largest acquisition in Alphabet’s history and the biggest venture-backed startup acquisition on record.

A Year in the Making

The deal took roughly 12 months from announcement to close. The timeline:

• March 2025 — Google announced the $32B deal after reviving negotiations with a higher offer (an earlier $23B bid was rejected in 2024)
• November 2025 — US regulators cleared the acquisition
• February 2026 — EU antitrust approval came through
• March 11, 2026 — Deal officially closed

The extra $9 billion from the original offer reflects both the competitive pressure Google faces in cloud security and how much negotiating leverage Wiz had after walking away once.

What Wiz Actually Does

Wiz provides agentless cloud security — it scans cloud environments across AWS, Azure, and Google Cloud for misconfigurations, vulnerabilities, and attack paths without requiring agents installed on individual workloads. The “agentless” approach made adoption fast inside large enterprises, and Wiz grew to over $500M ARR before the acquisition closed.

For Google Cloud, the acquisition brings a best-in-class security product to compete with Microsoft Defender for Cloud and AWS Security Hub. The broader strategic angle: as AI workloads move to cloud infrastructure, security becomes a key buying criterion for enterprise deals.

Multi-Cloud Commitment Stays

Wiz will maintain its brand and continue operating as a multi-cloud product — available for AWS and Azure customers, not just Google Cloud. This was a sticking point in negotiations and a condition Wiz pushed for. For customers already using Wiz on other clouds, service continuity is guaranteed.

The multi-cloud stance also means Google benefits from Wiz’s installed base at enterprises running workloads on competing clouds — a useful intelligence position for Google’s enterprise sales motion.

What It Means for the Security Market

At $32B, this acquisition sets a new valuation benchmark for security startups and signals that cloud infrastructure security is now a first-order priority for the hyperscalers — not a bolt-on. Teams evaluating cloud security tooling now have a clearer picture: the major players are Google (Wiz), Microsoft (Defender), and Amazon (Security Hub + GuardDuty).

Source: TechCrunch — “Google wraps up $32B acquisition of cloud cybersecurity startup Wiz,” March 11, 2026