Google completes record $32bn acquisition of Israeli cybersecurity firm Wiz
The landmark deal marks the largest exit in Israeli's tech history
Google has officially completed its $32 billion acquisition of Israeli cybersecurity company Wiz, marking the largest tech deal in Israel’s history and one of the biggest purchases ever made by the technology giant.
The all-cash transaction, first announced in March 2025, closed this week after securing regulatory approvals across multiple jurisdictions. The deal represents the largest exit in Israeli high-tech history and is expected to generate billions in tax revenues and returns for founders, investors and employees.
Wiz CEO and co-founder Assaf Rappaport described the acquisition as a major milestone for the fast-growing cybersecurity company.
“Five years ago, my fellow co-founders and I set out to create something security and development teams would love,” Rappaport said. “We embarked on a mission to help every organisation secure everything they build and run in the cloud – across any cloud.”
He said joining Google Cloud would accelerate the company’s ambitions to transform how cloud security is delivered.
“Becoming part of Google Cloud is effectively strapping a rocket to our backs,” Rappaport said. “It will accelerate our rate of innovation far faster than what we could achieve as a standalone company.”
Founded in 2020 by Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik, Wiz has become one of the fastest-growing companies in the global cybersecurity industry, developing software that helps organisations identify and eliminate security risks across complex cloud environments.
Prior to launching Wiz, the four founders worked together at cybersecurity firm Adallom, which was acquired by Microsoft for approximately $340 million. They later led Microsoft’s cybersecurity operations in Israel before leaving to build their new venture.
Since its founding, Wiz has raised around $1.9 billion in venture funding and expanded rapidly, employing roughly 1,800 people worldwide, including about 1,000 in Israel.
Google said the acquisition will strengthen its cloud security capabilities at a time when businesses and governments are increasingly moving operations to the cloud and adopting artificial intelligence technologies.
Sundar Pichai, CEO, Google said: “Keeping people safe online has always been part of Google’s mission. This job is increasingly important today, as more companies and governments move their work to the cloud and broadly use generative AI. By bringing Wiz and Google Cloud together, we’re making it easier for organisations to innovate with confidence.”
Wiz also marked the moment on LinkedIn, posting that the acquisition was “a massive moment for our customers and our team” and would help accelerate its mission to secure the AI era.
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