Google just closed the biggest deal in its history. The tech giant has officially acquired Israeli cybersecurity startup Wiz for $32 billion in all-cash, a full year after first announcing the blockbuster transaction. The deal, which dwarfs Google's previous record acquisition of Motorola Mobility for $12.5 billion back in 2012, signals the company's massive bet on cloud security as enterprise customers demand stronger protection for their increasingly complex multi-cloud environments.
Google officially owns Wiz now, and the $32 billion price tag tells you everything about where cloud computing is headed. The all-cash deal closed today after a year-long process that likely involved marathon sessions with regulators in the U.S., Europe, and Israel. It's the biggest check Google has ever written for an acquisition, smashing the previous record of $12.5 billion for Motorola Mobility back in 2012.
The timing makes sense when you look at what's happening in enterprise cloud. Companies aren't just using one cloud provider anymore - they're spreading workloads across Amazon Web Services, Microsoft Azure, and Google Cloud simultaneously. That creates a security nightmare, and Wiz built its entire business around solving exactly that problem. The startup's platform gives security teams a unified view across multiple cloud environments, something CIOs have been desperate for as their infrastructure gets more complex.
Wiz wasn't exactly a struggling startup when Google came calling. The company, founded in 2020 by former Microsoft employees Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, hit $100 million in annual recurring revenue faster than almost any enterprise software company in history. By 2024, the startup was reportedly generating north of $500 million in ARR and serving customers like Salesforce, , and .
