Google’s record $32 billion Wiz deal gets go ahead from US Department of Justice

While global reviews continue, the move marks a major milestone in the tech giant’s move to acquire the Israeli cybersecurity firm and sharpen its cloud-computing edge

The US Department of Justice (DoJ) has ended its antitrust review of Google’s planned $32 billion acquisition of cybersecurity firm Wiz, marking a major milestone for the deal.

The decision, reportedly recorded on 24 October as an “early termination” of the mandatory waiting period on the Federal Trade Commission website, suggests US regulators found no grounds to delay or challenge the merger.

Wiz CEO Assaf Rappaport confirmed the conclusion of the DOJ’s review during a Wall Street Journal event on Tuesday, though he noted that the deal remains under examination by other global regulators.

Assaf Rappaport, co-founder Wiz

“Definitely, this is an important milestone, but we’re still in the journey between signing and closing,” Rappaport said, when asked about the DOJ review of the deal. “We look forward to completing the review process in other jurisdictions. The acquisition of Wiz is expected to close in 2026, subject to customary closing conditions,” a Google spokesperson told Reuters in an emailed statement.

If completed, the transaction would become Alphabet’s largest acquisition to date, integrating Wiz into Google Cloud and strengthening the company’s ability to help customers mitigate critical cyber risks. The deal underlines Google’s efforts to boost its cloud security capabilities, sharpening its competitive edge against Amazon and Microsoft in the cloud-computing market.

Wiz was founded in 2020 by Israeli entrepreneurs Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, alumni of Israel’s elite cyber intelligence unit. They previously built and sold Adallom to Microsoft. Now based in the US, it provides cyber security services for the cloud.

Specialising in cloud security, the startup became one of the fastest-growing cybersecurity startups of all time, reaching unicorn status within a year and later surpassing a $10 billion valuation.

It works with Wiz works with major cloud providers such as Amazon Web Services, Microsoft’s Azure, Oracle, as well as Google Cloud, and counts Morgan Stanley, BMW and luxury brand LVMH among its customers.

 

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