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3h ago

DOJ Ends Review, Clearing Path for Google’s $32 Billion Wiz Acquisition

International regulators must still rule before an expected 2026 close.

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The acquisition of Wiz by Google for $32 billion highlights the tech giant's aim to compete in the cloud security market.
The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay
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Overview

  • The Justice Department granted early termination of its antitrust probe, with the FTC website listing the decision as Oct. 24.
  • Wiz CEO Assaf Rappaport disclosed the outcome at a Wall Street Journal event and emphasized further regulatory steps.
  • The purchase is Alphabet’s largest to date and would place Wiz inside Google Cloud to bolster multicloud security for enterprise customers.
  • Reviews in the UK, EU, Japan and other jurisdictions continue, with closing subject to customary conditions.
  • The early-termination timing drew attention because the FTC had said it would not issue such approvals during the government shutdown.