Google Closes Its $32 Billion Wiz Deal, the Biggest Security Acquisition Ever
After a year of regulatory review, Google Cloud now owns the fastest-growing cloud security vendor and says it will keep Wiz multi-cloud.
Key takeaways
- The all-cash deal is Google's largest acquisition ever, far above the $5.4 billion it paid for Mandiant in 2022.
- Wiz keeps its brand and its products stay available on AWS, Azure and Oracle Cloud.
- Google plans to join code, cloud and runtime signals into a single security layer.
Google has completed its acquisition of cloud security company Wiz for $32 billion in cash. Announced in March 2025, the deal cleared regulators in both the United States and the European Union, and it closed a year later with Wiz announcing the news on March 11, 2026.
What happened
The purchase is the largest in Google's history and the largest ever for a security company. It dwarfs the $5.4 billion Google paid for Mandiant in 2022. The path there was not straight: Wiz walked away from a $23 billion offer from Alphabet in 2024, and Google returned with a higher bid that settled at $32 billion.
Wiz will become part of Google Cloud but will keep its name. Just as important for customers, its products will continue to be sold and supported on the other major clouds, including Amazon Web Services, Microsoft Azure and Oracle Cloud. Israeli coverage framed the transaction as the biggest exit in the history of the country's tech sector.
The plan: one layer from code to runtime
Google says it wants to connect three views of an application that are usually bought from different vendors: the code and build pipeline, the cloud configuration, and the running workload. Wiz built its name on agentless scanning of cloud accounts and on mapping which misconfigurations and vulnerabilities actually connect into an exploitable path. Pairing that with Google's threat intelligence from Mandiant and its Security Command Center is the stated rationale.
Why it matters
Cloud security posture and workload protection had become a crowded field, and Wiz was the standout. By paying a price roughly six times the Mandiant deal, Google signals that it sees security as a lever to win cloud workloads, not just a side business. For rivals such as Microsoft and Palo Alto Networks, a well-funded Wiz inside a hyperscaler is a harder competitor than an independent startup.
The multi-cloud promise is the part customers will test. Buyers on AWS or Azure have to trust that a Google-owned product will not quietly favor Google Cloud on features, roadmap or pricing. Keeping the brand and the cross-cloud commitment is Google's answer, but it is a promise, not a contract.
How the deal got here
The saga is itself a lesson in valuation. Wiz rejected a $23 billion approach from Alphabet in 2024, choosing to stay independent for the time being. Google came back in March 2025 with a $32 billion all-cash bid, a premium of roughly 39% over the rejected figure. Then came the long middle: a year of antitrust review in the United States and the European Union before clearance. Large technology acquisitions have faced heavier scrutiny in recent years, and a deal that touches cloud market share draws questions about whether a hyperscaler can bundle security to lock customers in.
Regulators evidently accepted that Wiz would remain a multi-cloud product. That conclusion is the hinge of the whole transaction. If customers on AWS or Azure believed Wiz would degrade on those platforms, many would leave, and the asset Google paid for would shrink. Google therefore has a financial incentive, not just a regulatory one, to keep feature parity across providers.
There is also a talent and integration dimension. Wiz grew quickly on a culture of shipping fast and selling directly to security teams, while Google Cloud sells through enterprise sales channels and partners. Integrations with Mandiant's incident response and threat intelligence work offer a concrete route to differentiation: Wiz can show which exposed cloud assets an active adversary is targeting right now, rather than listing every theoretical weakness.
For the wider market, the closing sets a reference price. Cloud-native security startups, from posture management to identity and data security, now have a benchmark for what a strategic buyer will pay for a category leader, which tends to pull other deals forward. It also pressures independent vendors to widen their platforms, since buyers increasingly prefer fewer tools covering code, cloud and runtime.
What to watch
- Whether Wiz's roadmap stays equal across AWS, Azure and Oracle, or tilts toward Google Cloud.
- How quickly Mandiant threat intelligence and Wiz's graph appear in a joined product.
- Retention of Wiz staff after the closing, a common failure point in large acquisitions.
- Competitor responses, including further consolidation among cloud security vendors.
