Google to Buy Israeli Startup Wiz for $32 Billion in Tech Giant’s Largest Ever Acquisition

March 19, 2025

by: JNS

Wednesday, 19 March 2025 | Google parent company Alphabet on Tuesday confirmed its US $32 billion acquisition of Israeli cloud security firm Wiz, making it the tech giant’s largest deal to date.

The move aims to strengthen Google Cloud’s security offerings amid growing competition from AWS [Amazon Web Services] and Microsoft.

Founded in 2020, Wiz has rapidly expanded, generating US $500 million in annual recurring revenue and serving nearly half of the top 100 US companies. Despite joining Google Cloud, Wiz’s security products will remain available on other platforms, including AWS and Azure.

The deal is subject to regulatory approval, and experts anticipate potential antitrust scrutiny before finalization later this year.

Talks on a US $23 billion deal reportedly fell apart in July 2024.

Google has shown interest in the Israeli market, in 2013 purchasing Waze for US $1.1 billion, creating the Jewish state’s first domestic unicorn (a startup reaching US $1 billion in valuation without being listed on the stock market).

If completed, the deal would surpass Google’s previous biggest acquisition—the US $12.5 billion purchase of Motorola Mobility in 2012.

While Wiz is headquartered in New York City with nearly a thousand employees scattered across North America and Europe, most of its engineering team is based in Tel Aviv, where the 41-year-old Israeli co-founder and CEO Assaf Rappaport was born.

Posted on March 19, 2025

Photo Credit: (This article was originally published by the Jewish News Syndicate on March 19, 2025. Time-related language has been modified to reflect our republication today. See original article at this link.)

Photo Credit: Alexander Koerner/Getty Images/jns.org