Google’s parent company, Alphabet, revealed its plan to acquire Wiz for $32 billion marking its largest takeover in the history of the company. The main aim of this takeover is to intensify its focus on cyber security to improve its position in cloud computing competition against Amazon and Microsoft. The takeover is still awaiting regulatory and other approvals to be finalized.

The acquisition amount exceeds approximately $23 billion oh the amount that Google offered for Wiz last year. The move empowers Google to maintain a balanced strategic investment, particularly in AI, by enhancing its cybersecurity portfolio.

Before this acquisition, the most significant takeover of Google was Motorola Mobility, which was acquired for $12.5 billion the year 2011. In 2024, a strict regulatory framework posed challenges for many large scale deals. However, with the U.S President in the office and expectations of a more lenient approach to antitrust policies Wall Street anticipates a more favorable environment for big tech mergers.

Following last year’s global CrowdStrike outage the cyber security sector has gained significant attention. It interrupted operation across multiple industries, driving companies to improve their online security investment.

Google emphasized in its announcement that “The growing reliance on AI and cloud services has fundamentally transformed the security landscape, elevating cyber security’s role in countering emerging threats and safeguarding national security.”