Alphabet, Google’s parent company, is in advanced negotiations to acquire Israeli cybersecurity firm Wiz for more than $30 billion, according to a source familiar with the matter. This would mark Alphabet’s largest potential acquisition to date.
The latest offer is about a third higher than the $23 billion deal Alphabet proposed last year. Wiz had called off that deal in July 2024 due to concerns over antitrust clearance. At the time, the company stated in an internal memo that it would focus on an initial public offering instead.
Neither Alphabet nor Wiz has publicly acknowledged the ongoing negotiations, and both companies did not immediately respond to Reuters’ requests for comment. The deal has not yet been finalized and could still change, according to the source. The Wall Street Journal was the first to report on these discussions.
If last-minute complications do not arise, the deal could be finalized soon, according to sources cited by the Wall Street Journal.
However, on March 18, 2025, Wiz officially announced its acquisition by Google Cloud to accelerate cloud security innovation, maintain a multi-cloud platform, and collaborate with AWS and Azure. Customers, partners, and employees will all benefit from this deal.
Strategic expansion in cybersecurity
If Alphabet successfully acquires Wiz, it will strengthen its position in the cybersecurity industry while expanding its cloud infrastructure business. Alphabet’s cloud division generated more than $43 billion in revenue last year, and acquiring Wiz could enhance its security offerings in an increasingly competitive market.
The deal is expected to face regulatory scrutiny, even as the administration of U.S. President Donald Trump is anticipated to roll back some antitrust policies set under President Joe Biden. A major cybersecurity acquisition like this could still attract close examination from regulators.
This acquisition would also be Alphabet’s largest-ever deal, surpassing its $12.5 billion purchase of Motorola Mobility in 2012.
Wiz’s growth and market position
Wiz provides AI-powered cloud security solutions, helping businesses identify and mitigate critical risks on cloud platforms. The company works with major cloud providers, including Microsoft and Amazon, and has high-profile clients such as Morgan Stanley and DocuSign.
With a workforce of 900 employees across the U.S., Europe, Asia, and Israel, Wiz had previously announced plans to add 400 more workers globally in 2024. The company was last valued at $12 billion in a private funding round in May 2024.
Wiz raised $1 billion in that funding round, with plans to use the capital for acquisitions, product development, and talent expansion.
Interest in cybersecurity has surged following last year’s global CrowdStrike outage, prompting enterprises to prioritize digital security. This heightened focus on cybersecurity has made Wiz an attractive acquisition target for Alphabet.
Wiz has also been expanding its technology ecosystem. In August, the company announced that it had reached 100 official integrations through its Wiz Integration Platform, allowing independent software vendors (ISVs) to build bi-directional integrations using the Wiz API.
The same month, Wiz became a Common Vulnerability and Exposure (CVE) Numbering Authority (CNA), giving it the ability to assign CVEs and rapidly share disclosed cybersecurity vulnerabilities with the public.
Additionally, Wiz has strengthened its presence in government security. The company’s “Wiz for Government” platform achieved FedRAMP Moderate authorization in August, joining its existing StateRAMP authorization and its IL4 in-process status.
“Wiz stands at the brink of all three: cloud, AI, and cyber,” said Dean Scontras, area vice president, public sector at Wiz. “Wiz provides a single platform to view and contextualize risk across all clouds as well as AI security posture management.”
