Overview

• Wiz, founded in 2020 by Israeli entrepreneurs from Unit 8200, specializes in cloud-based cybersecurity solutions and serves half of the Fortune 100 companies.
• The $32 billion acquisition, finalized in a definitive agreement, will be completed in cash and is expected to close in 2026.
• This marks Google's largest acquisition, surpassing its $12.5 billion purchase of Motorola Mobility in 2012.
• Wiz's cloud-native security model maps cloud infrastructures to identify vulnerabilities, addressing risks heightened by AI growth and remote work trends.
• Google CEO Sundar Pichai emphasized the acquisition's role in accelerating cloud adoption while enhancing security and reducing costs for businesses.