Google buys WIZ for $32 BILLION to beef up in cloud security

https://techcrunch.com/2025/03/18/google-is-buying-wiz-for-32b-to-beef-up-in-cloud-security/

Google is making the biggest acquisition in its history. The company’s parent company Alphabet is buying Wiz, the cloud security startup, for $32 billion in an all-cash transaction. The deal has now been confirmed.

A source described the transaction as a $33 billion deal previously. That includes the $1 billion that Google is paying out on top of the acquisition price in the form of retention bonuses to make sure everyone stays on post-acquisition. With 1,700 people working at the company, that works out on average to more than $588,000 per employee (actual numbers likely to go up and down depending on their respective salaries).