Google Acquires Wiz for $32 Billion in Largest Deal Ever

Google’s parent company, Alphabet, has confirmed the $32 billion acquisition of cloud security startup Wiz, marking its biggest purchase to date. The deal includes an additional $1 billion in retention bonuses for Wiz’s 1,700 employees, averaging over $588,000 per person.

Despite the acquisition, Wiz will continue operating independently and supporting multiple cloud platforms beyond Google Cloud. The company is currently generating $700 million in annual recurring revenue and is expected to reach $1 billion soon.

The deal, led by Google Cloud CEO Thomas Kurian, aligns with Google’s strategy to strengthen its enterprise cloud and cybersecurity offerings, areas where it lags behind AWS and Microsoft Azure. Wiz’s rapid growth makes it an attractive addition, potentially complementing Alphabet’s broader AI ambitions.

Regulatory approvals are still pending, with the deal expected to close in 2026. The acquisition price has more than doubled Wiz’s valuation from a recent $16 billion secondary sale, delivering a massive return to investors like Sequoia, Index Ventures, and Salesforce.

Google had previously attempted to acquire Wiz for $23 billion in 2024, but talks collapsed over concerns about antitrust issues, pricing, and Wiz’s autonomy. With a new U.S. administration possibly favoring big tech mergers, the deal has now been revived and finalized.