Google gets the US government’s green light to acquire Wiz for $32B

Core Insights - Google's acquisition of Wiz, a cloud security company, is valued at $32 billion and has passed the U.S. Department of Justice's antitrust review, although it is not yet finalized [1][3] - The initial offer from Google in 2024 was $23 billion, which Wiz rejected, believing the company's potential was greater [2] - Acquisition discussions resumed in early 2025, leading to the increased offer and announcement in March [2] Company Developments - Wiz's CEO, Assaf Rappaport, confirmed the progress of the acquisition at a Wall Street Journal event [1] - The deal is anticipated to close in early 2026, following the completion of necessary regulatory reviews [3] Industry Context - The acquisition reflects ongoing consolidation in the cloud security sector, highlighting the increasing importance of security solutions in cloud computing [1][2]