Google’s acquisition of cloud security company Wiz for $32 billion has passed an important milestone in its journey towards completion. Wiz CEO Assaf Rappaport confirmed during a Wall Street Journal event that the deal has cleared antitrust review by the U.S. Department of Justice. However, there are still steps remaining before the acquisition is finalized.
In 2024, Google initially offered $23 billion to acquire Wiz, but the startup declined, believing in its potential for greater growth. In early 2025, Google resumed talks and eventually agreed to the $32 billion deal in March.
While the process has progressed, the deal is anticipated to conclude in early 2026, as reported by Reuters. This acquisition reflects Google’s strategic focus on enhancing its cloud security capabilities through the integration of Wiz’s expertise and technology.
For further details and the closing timeline, TechCrunch has reached out to Wiz for additional information.
Source: TechCrunch