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Acquisition

Wiz and Google (Alphabet): the deal on record

Alphabet announced in March 2025 that Google had agreed to acquire the cloud security company Wiz for USD 32 billion in cash, subject to regulatory approvals. The deal passed a US antitrust review in late 2025 and the European Commission approved it unconditionally in February 2026, according to press reports. Alphabet's quarterly report says Google completed the acquisition on 11 March 2026 for USD 29.5 billion after purchase price adjustments, with Wiz included in the Google Cloud segment.1,2,4,5,3

Value as reportedUSD 32 billion in cash at announcement. Alphabet's 10-Q gives USD 29.5 billion after purchase price adjustments and excluding post combination compensation arrangements.1,3
Announced18 March 2025
Completed11 March 2026
SectorCloud security

Timeline

  1. Google announces an agreement to acquire Wiz for USD 32 billion in cash.1
  2. The deal passes a US antitrust review. Techzine reported Department of Justice clearance in October 2025, while SecurityWeek and ITPro reported US approval in November 2025.2,5,4
  3. The European Commission announces unconditional approval under the EU Merger Regulation, according to SecurityWeek and ITPro.5,4
  4. Google completes the acquisition, according to Alphabet's 10-Q for the quarter ended 31 March 2026.3,2

Regulatory review

  1. US antitrust review (Department of Justice, according to Techzine). Cleared. Reported as October 2025 by Techzine and November 2025 by SecurityWeek and ITPro.2,5,4
  2. European Commission. Unconditional approval under the EU Merger Regulation, according to SecurityWeek and ITPro.5,4

Status now

Part of Google, with results included in the Google Cloud segment, according to Alphabet's 10-Q for the quarter ended 31 March 2026.3

Sources

  1. Alphabet Inc. via SEC EDGAR, Google Announces Agreement to Acquire Wiz (Exhibit 99.1 to Form 8-K) (18 March 2025)
  2. Techzine, Google closes $32B Wiz deal, its largest acquisition ever (11 March 2026)
  3. US Securities and Exchange Commission (EDGAR), Alphabet Inc. Form 10-Q for the quarter ended 31 March 2026, Note on Acquisitions and Divestitures (30 April 2026)
  4. ITPro, European Commission clears Google's Wiz acquisition, citing 'credible competition' from Amazon and Microsoft (10 February 2026)
  5. SecurityWeek, EU Unconditionally Approves Google's $32B Acquisition of Wiz (10 February 2026)