Assaf Rappaport

Money Moves

Leading Wiz within Google Cloud

Wiz was founded in January 2020 by four veterans of Israel's military intelligence Unit 8200. Six years later, Google paid $32 billion in cash to acquire it — the largest deal in Google's history, the largest cybersecurity acquisition ever, and more than the combined cost of Google's eight next-biggest purchases. The deal closed on March 11, 2026, after clearing both United States Department of Justice (DOJ) and European Union regulatory review without conditions. Google had tried once before, offering roughly $23 billion in mid-2024; Wiz walked away and said it would pursue an initial public offering instead. Google came back nine months later and paid 39 percent more.

Updated 7 days ago

Money Moves

Sold Wiz to Google for $32 billion after rejecting $23 billion offer in 2024

ServiceNow just agreed to pay $7.75 billion in cash for Armis, a cybersecurity startup that tracks vulnerabilities across hospital medical devices, factory equipment, and corporate networks. It's ServiceNow's largest acquisition ever—and its third billion-dollar security buy in 2025 alone. CEO Bill McDermott calls it building an "AI control tower" for cybersecurity. Wall Street calls it a land grab.

Updated Dec 27, 2025