Today: 17 April 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.

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’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.

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.

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.

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.

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.

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

  • Putnam High Income Securities Fund (PCF) Ex-Dividend Date Set for April 21, 2026
    April 17, 2026, 11:24 AM EDT. Putnam High Income Securities Fund (PCF) will trade ex-dividend on April 21, 2026, offering a monthly dividend of $0.058. This payout represents about 1.01% of the fund's recent stock price of $5.72, suggesting shares may open roughly 1.01% lower on the ex-dividend date. The fund's current estimated annual yield stands at 12.16%, reflecting its high income focus. PCF's 52-week trading range spans from $5.36 to $6.51, with the stock last trading near its low end at about $5.71. Investors track this fund for steady monthly income, with price adjustments expected around dividend events, typical in dividend-paying securities.

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