Google’s parent company, Alphabet, is reportedly in advanced discussions to acquire Israeli cybersecurity firm Wiz for more than $30 billion, making it the company’s largest potential acquisition to date, according to a source familiar with the matter.
This offer represents a significant increase from the $23 billion deal Alphabet proposed in 2024, which Wiz declined over concerns about potential antitrust challenges. At the time, Wiz had indicated plans to pursue an initial public offering instead. Neither company has publicly confirmed the latest negotiations, and the deal remains unsigned, meaning terms could still change.
If finalized, the acquisition would strengthen Alphabet’s presence in the cybersecurity sector and bolster its cloud infrastructure business, which generated over $43 billion in revenue last year. However, given the scale of the deal, it could attract regulatory scrutiny, despite expectations that the U.S. government under President Trump may ease certain antitrust policies introduced during the Biden administration.
Wiz specializes in AI-driven cloud security solutions that help organizations detect and mitigate risks across multiple cloud platforms. The company serves clients such as Morgan Stanley and DocuSign and collaborates with cloud providers like Microsoft and Amazon. With a workforce of 900 employees across the U.S., Europe, Asia, and Israel, Wiz had previously announced plans to expand by 400 employees in 2024.
The cybersecurity industry has drawn increased attention following major incidents like the global CrowdStrike outage, which heightened corporate concerns about digital security. In May 2024, Wiz was valued at $12 billion during a private funding round.
