Google is back with an even higher offer to acquire Wiz. However, due to strategic ambitions, regulatory pressures, and market uncertainties, nothing is finalized yet.
After facing a first refusal last summer, Google is persistent and returns with a revised offering to take control of Wiz. Mountain View is reportedly ready to add an additional $10 billion to this acquisition, amounting to a total that would make it Alphabet's largest purchase in history. However, with competition in the cybersecurity market and regulatory scrutiny, the outcome remains uncertain.
Google has never hidden its interest in Wiz, a company specializing in cybersecurity for cloud infrastructures. Last summer, discussions halted over a $23 billion proposal, which Wiz declined, citing regulatory concerns while unofficially favoring a public offering. Now, Alphabet has reportedly put over $30 billion on the table, a colossal sum that might convince the Israeli cybersecurity firm, which was valued at $12 billion in May 2024. **If the deal is concluded, it would allow Google to strengthen its cybersecurity offerings and consolidate the growth of its cloud infrastructure, which exceeded $43 billion in revenue last year.** Regulatory challenges remain, as such a significant acquisition in cybersecurity will attract attention from authorities, making the situation still uncertain.
