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 — the largest deal in Google's history, the largest cybersecurity acquisition ever, and more than the combined cost of its eight next-biggest purchases.
The deal closed on March 11, 2026, after clearing 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 to pursue an initial public offering instead. Google came back nine months later and paid 39 percent more.
Google trails Amazon Web Services (AWS) and Microsoft Azure at roughly 12 percent cloud market share. More than 40 percent of Fortune 100 companies use Wiz's platform, which scans environments across all major cloud providers. Google has committed to keeping Wiz available on competing platforms, but the central tension is structural: Wiz's value depends on being platform-neutral, yet Google Cloud is one of the platforms it monitors.