Alphabet Inc. is acquiring Wiz, Inc., a cloud security firm, for $32 billion to enhance its Google Cloud security capabilities amidst increasing competition.

Overview of the Deal

Alphabet Inc., the parent company of Google, has announced its acquisition of Wiz, Inc., a leading cloud security firm, for an implied equity value of $32 billion. This acquisition stands as Alphabet's largest cybersecurity investment to date, underscoring the company's strategic initiative to bolster security features within Google Cloud. The deal is expected to close in the first quarter of 2026.

Information on the Target

Wiz, Inc. is an Israeli-American company established in 2020 and headquartered in New York. The firm has rapidly established itself as a prominent player in the cloud security sector, offering advanced threat detection capabilities across multiple cloud environments such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. Wiz’s innovative platform is designed to identify risk factors that could lead to data breaches or unauthorized control over cloud resources, making it a valuable asset within the cybersecurity domain.

Under the leadership of CEO Assaf Rappaport, Wiz has experienced explosive growth and currently employs around 1,995 individuals. The company has received a total funding of $1.5 billion,