Google’s massive 32 billion dollar (about ₹2.8 lakh crore) purchase of cybersecurity firm Wiz has taken a major step forward, with the US Department of Justice reportedly giving the deal a green light after completing its antitrust review. This approval brings the acquisition much closer to the finish line.
From turning down an offer to sealing a record deal
When Google first offered to buy Wiz in 2024 for 23 billion dollars (around ₹2 lakh crore), CEO and co-founder Assaf Rappaport refused, insisting the company was capable of scaling far beyond that valuation. A year later, that decision proved right. Google returned with a revised offer, this time for 32 billion dollars, making it one of the largest cybersecurity acquisitions in history. The deal was made public in March 2025 and is now expected to close by early 2026, according to Reuters.
Why Wiz matters to Google
Wiz, founded in Israel and now based in New York, has quickly become a leader in cloud security. Its platform scans huge cloud setups for weaknesses across services like AWS, Microsoft Azure and Google Cloud, and is already used by major corporations including Morgan Stanley and DocuSign. The company has more than 1,000 employees spread across the US, Europe, Israel and Asia.
For Google, the acquisition is a strategic push to strengthen Google Cloud, a business unit still trailing behind Amazon and Microsoft. The move also comes shortly after Google backed away from a potential HubSpot takeover, signalling a shift toward cybersecurity as a priority area.
What happens next
With regulatory approval secured, the deal now enters its final phase before completion. Once finalised, Wiz will operate under Google Cloud and Rappaport along with the existing leadership team is expected to remain in place.
Wiz’s journey, from rejecting a ₹2 lakh crore offer to being sold for nearly ₹2.8 lakh crore, highlights both its explosive growth and the rising importance of cloud security in today’s digital economy.
