The tech giant officially closes its acquisition of cybersecurity startup Wiz, marking the industry's biggest cloud security transaction to date.
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Google has officially completed its $32 billion acquisition of cloud security startup Wiz, following months of regulatory review and negotiations. The deal, first announced in March 2025, represents Google's largest acquisition ever and the biggest transaction in cybersecurity history. Wiz co-founders Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik will continue leading the company under Google Cloud.
The acquisition strengthens Google's position in the rapidly growing cloud security market, where enterprises increasingly demand comprehensive protection for their digital infrastructure. Wiz's cloud security platform, which helps organizations identify and remediate vulnerabilities across multi-cloud environments, complements Google's existing security offerings. The startup had achieved a $12 billion valuation and over $350 million in annual recurring revenue before the acquisition.
Wiz serves more than 40% of Fortune 100 companies and had been growing at triple-digit rates annually. The company's platform scans cloud environments for security risks, misconfigurations, and compliance violations across AWS, Azure, and Google Cloud. Industry analysts estimate the cloud security market will reach $77 billion by 2028, driven by increasing cyber threats and regulatory requirements.
The integration is expected to accelerate Google Cloud's enterprise adoption, particularly among security-conscious organizations in financial services and government sectors. Google plans to maintain Wiz as a separate brand while integrating its technology across Google Cloud security products. The deal positions Google to better compete with Microsoft and Amazon in the enterprise cloud market, where security capabilities increasingly influence purchasing decisions.