Krux

March 12, 2026
Google Closes $32B Wiz Buy to Secure Multi-Cloud
Published: March 12, 2026 at 12:27 AM
Updated: March 12, 2026 at 12:27 AM
100-word summary
Google just closed its $32 billion all-cash acquisition of Wiz, the cloud security startup that hit $1 billion in revenue last year. Wiz will join Google Cloud but keep its brand, bringing AI-powered threat detection that works across AWS, Azure, and Oracle Cloud, not just Google's own platform. The deal took a year to clear US and EU regulators. The real story here: Google is betting it can win cloud business by securing everyone else's clouds, too. That's a sharp pivot from the old playbook of locking customers into your own walls.
What happened
Google just closed its $32 billion all-cash acquisition of Wiz, the cloud security startup that hit $1 billion in revenue last year. Wiz will join Google Cloud but keep its brand, bringing AI-powered threat detection that works across AWS, Azure, and Oracle Cloud, not just Google's own platform. The deal took a year to clear US and EU regulators. The real story here: Google is betting it can win cloud business by securing everyone else's clouds, too.
Why it matters
That's a sharp pivot from the old playbook of locking customers into your own walls.