Today: 11 March 2026
Google Closes $32 Billion Wiz Deal in Big Bet on Cloud and AI Security

Google Closes $32 Billion Wiz Deal in Big Bet on Cloud and AI Security

MOUNTAIN VIEW, Calif., March 11, 2026, 08:44 PDT

Google has wrapped up its $32 billion purchase of cloud and AI security player Wiz, the company said Wednesday, sealing Alphabet’s largest-ever deal and folding the New York-based firm into Google Cloud. Wiz is set to retain its brand. The firm will still work with clients using competing platforms like Amazon Web Services, Microsoft Azure, and Oracle Cloud, according to Google. blog.google

That’s become an issue as firms scatter data, applications, and AI tools across several vendors in a multicloud mix, expanding the attack surface and complicating security. Google, for its part, says the merged unit will bridge code, cloud, and runtime—when software is live—to let clients identify and patch risks more quickly. Google Cloud

Google’s latest deal puts more pressure on Amazon and Microsoft, the cloud giants it’s been trying to catch. Back when the acquisition was first announced—and again after getting the go-ahead from EU regulators—Reuters noted Google viewed Wiz as a move to bolster its enterprise security offerings. The European Commission, for its part, decided customers would still have solid options. Reuters

Sundar Pichai pitched the partnership as a way for organizations to “innovate with confidence.” Google Cloud chief Thomas Kurian argued security ought to serve as “a catalyst for innovation, not a barrier.” Over at Wiz, CEO Assaf Rappaport promised ongoing support for “all major cloud and code environments.” IDC’s Phil Bues called out complexity as “the primary challenge in the cloud today.” blog.google

Alphabet climbed roughly 0.6% by midday in U.S. trading.

Back in March 2025, Google announced its all-cash deal after Wiz rejected a previous offer that had hovered around $23 billion. Sources told Reuters the bump in price came down to Wiz’s fast-paced expansion and Google’s heightened push to bulk up its cloud security, with an eye on snagging more enterprise clients. blog.google

The U.S. Justice Department signed off on the deal in November 2025, followed by a green light from EU regulators in February 2026. According to Reuters, the European Commission found no risk of stifled competition in cloud or cybersecurity. Google, after all, remains behind Amazon and Microsoft in cloud infrastructure. Reuters

Wiz, based in New York, develops software that checks cloud setups for vulnerabilities across multiple platforms. Google said the tools will stay accessible on AWS, Azure, Google Cloud, and Oracle Cloud. The company plans to integrate Wiz with its own threat intelligence, security operations, and Mandiant consulting units, aiming to broaden its reach with enterprise and government clients. blog.google

This move could let Google pitch a more complete offering to big corporate clients—not just the basics like cloud infrastructure. Reuters flagged comments from D.A. Davidson’s Gil Luria last year: he argued Google had to bulk up on things like security software if it wanted to stack up against rivals in the enterprise space. Reuters

Still, sealing the acquisition leaves plenty unresolved. Google now faces the tricky task of folding Wiz into its operations while preserving the startup’s neutral appeal for clients running on competing clouds. “The deal will be under a ‘microscope’ from investors,” Aptus Capital Advisors portfolio manager Dave Wagner told Reuters. Elise Phillips, policy counsel at Public Knowledge, added that any future exclusivity move “would give me cause for concern.” blog.google

Stock Market Today

  • Noteworthy Wednesday Options Activity in FIGR, ZS, and OWL
    March 11, 2026, 3:45 PM EDT. Options trading surged for Russell 3000 components Figure Technology Solutions (FIGR), Zscaler Inc (ZS), and Blue Owl Capital (OWL) on Wednesday. FIGR saw 50,010 contracts traded, equating to roughly 5 million underlying shares or 67.9% of its average daily volume. The $42.50 strike call for FIGR, expiring March 2026, exploded with 16,928 contracts. ZS recorded 23,229 contracts, about 63.6% of its daily average, with heavy interest in the $270 strike put option expiring March 2026 at 7,600 contracts. OWL's options volume hit 234,670 contracts, roughly 60.1% of average daily volume, highlighted by 50,026 contracts in the $11 strike put option expiring June 2026. These figures reflect strong market interest and positioning ahead of key expiration dates.

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