Google has formally completed its acquisition of cloud and AI security company Wiz in a deal valued at $32 billion. The transaction is Google’s largest acquisition on record and, according to cited local reports, the biggest exit ever seen in Israel’s technology sector. Google announced the closing on March 11, bringing a closely watched deal to completion.
Wiz joins Google Cloud but keeps its own brand
Under the official announcement, Wiz will operate within Google Cloud while retaining its brand and operating model. The company will also continue its security commitments to existing customers. Google CEO Sundar Pichai said cybersecurity has become more critical as more enterprises and governments move core workloads to the cloud and expand their use of generative AI. He said combining Wiz with Google Cloud would help organizations innovate with greater confidence.
Google Cloud CEO Thomas Kurian framed the acquisition around building a unified security platform. In his description, Google’s AI-driven threat intelligence will be paired with Wiz’s expertise in cloud architecture security. The aim is to reduce the operational complexity of protecting multi-cloud environments and improve the ability to detect and stop emerging threats before attackers can take advantage of AI at scale.
Support for AWS, Azure and Oracle Cloud will continue
A central issue in the deal was whether Wiz would stay open to competing cloud providers after joining Google. Wiz co-founder and CEO Assaf Rappaport said the company will continue to support major platforms including Amazon AWS, Microsoft Azure and Oracle Cloud. That means the product line is set to remain available across the multi-cloud setups that many large organizations already use.
Rappaport also said access to Google’s AI resources and infrastructure will put Wiz in a stronger position to help partners and customers prevent data breaches before they happen, operating at what he described as machine speed. The message is clear: Google wants to expand its security reach without narrowing Wiz’s customer base.
A record-setting exit for Israel’s tech market
The financial impact of the acquisition has also drawn attention well beyond the cloud sector. Reports from Calcalist and The Jerusalem Post described the $32 billion transaction as the largest exit in Israel’s tech history. Those reports said the deal is expected to generate about 10 billion shekels in tax revenue for the Israeli government, or roughly $2.7 billion.
Wiz’s four core founders together hold about 30% of the company, according to the same reports. After taxes, each is expected to receive about $2.2 billion. Hundreds of early employees are also expected to realize substantial payouts from the sale. With Wiz now inside Google, competition in cloud security and AI infrastructure has entered a new phase.