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Google receives approval from the US government to purchase Wiz in a $32 billion deal

Google receives approval from the US government to purchase Wiz in a $32 billion deal

Bitget-RWA2025/11/05 18:45
By:Bitget-RWA

Google’s planned $32 billion purchase of cloud security firm Wiz has taken another step forward.

Speaking at a Wall Street Journal event on Tuesday, Wiz CEO Assaf Rappaport shared, as noted by Reuters, that the U.S. Department of Justice has completed its antitrust review of the deal. Rappaport mentioned that, although this is a significant development, there are still several steps remaining before the acquisition is finalized.

TechCrunch has contacted Wiz to request further details about when the transaction might be completed.

Google first made an offer to acquire Wiz for $23 billion in 2024. Wiz declined, with Rappaport expressing confidence at the time that the company had the potential for much greater growth.

His prediction proved accurate. In early 2025, Google and Wiz resumed negotiations, and by March, Google revealed its intention to acquire Wiz for $32 billion.

Bloomberg was the first to report in June that the transaction was undergoing antitrust scrutiny. Reuters has indicated that the deal is anticipated to close in the beginning of 2026.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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