Jerusalem, 18 March, 2025 (TPS-IL) -- Alphabet, Google’s parent company, has agreed to acquire Israeli-founded cybersecurity firm Wiz in an all-cash transaction valued at $32 billion, marking the largest acquisition of an Israeli tech company to date, the companies announced on Tuesday.
“We expect this change to enable us to execute and innovate even faster. Becoming part of Google Cloud is effectively strapping a rocket to our backs: it will accelerate our rate of innovation faster than what we could achieve as a standalone company,” Wiz said.
Wiz specializes in cloud security, providing a platform that scans cloud environments—such as Amazon Web Services (AWS), Microsoft Azure, and Oracle Cloud—for vulnerabilities and security risks.
“Wiz delivers an easy-to-use security platform that connects to all major clouds and code environments to help prevent cybersecurity incidents. Organizations of all sizes — from start-ups and large enterprises to governments and public sector organizations — can use Wiz to protect everything they build and run in the cloud. Wiz is an innovative leader and continues to deliver new products with strong adoption, fueling rapid business growth, including over the last 12 months in which it has begun to deliver new categories of cybersecurity solutions,” Google said.