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Google’s $32 Billion Bet: Acquiring Wiz to Reinvent Cloud Security

A Historic Move

On March 18, 2025, Alphabet Inc.—Google's parent company—announced a definitive all-cash agreement to acquire Wiz, a rapidly scaling cloud-security startup, for a staggering $32 billion, marking the largest acquisition in Google's history . This acquisition not only surpasses prior deals like Motorola Mobility in 2012, but also outshines Google’s 2022 purchase of Mandiant for $5.4 billion .

Why Wiz? Why Now?

Wiz, founded in January 2020 by Israeli entrepreneurs Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, rapidly rose to prominence with its innovative cloud-native application protection platform (CNAPP), capable of analyzing infrastructure across AWS, Azure, Google Cloud, Oracle Cloud, and Kubernetes environment. In just 18 months, Wiz soared from $1 million to $100 million in annual recurring revenue—one of the fastest growth rates in SaaS history Wikipedia . By 2024, it had reached about $350 million ARR, serving nearly 45 percent of Fortune 100 companies. Google aims to harness Wiz’s multicloud capabilities to bolster its cloud security suite—particularly vital as organizations increasingly adopt AI-infused, multicloud infrastructures. The goal: a unified, scalable, and more affordable security platform spanning Google Cloud and beyond