In leaked memos, Google bosses address the $32 billion Wiz deal: 'We don't make deals like this every day'

Core Insights - Google plans to acquire cybersecurity startup Wiz for $32 billion, marking the largest deal in the company's history and the biggest acquisition of the year [1][9] - The acquisition is seen as timely due to the increasing shift of customer data to the cloud and the complexities introduced by multicloud environments [2][3] - The deal aims to enhance security integration with software development tools, addressing the rising cybersecurity threats exacerbated by AI [4][5] Company Strategy - Google Cloud CEO Thomas Kurian emphasized the need for improved cybersecurity tools as customers expand their software usage [4] - The acquisition is expected to accelerate organizations' security capabilities and promote the adoption of multicloud solutions [5] - Analysts noted that this acquisition addresses a gap in Google's cloud security offerings compared to competitors like Amazon and Microsoft [7] Regulatory Considerations - The acquisition is subject to regulatory approval and is anticipated to close in 2026, pending scrutiny [7] - Google CFO Anat Ashkenazi highlighted that the deal will be a significant test for antitrust policies [7] Operational Independence - Until the acquisition is finalized, Google Cloud and Wiz will operate as independent entities, with guidance for teams to follow during this period [8]