"Wiz CEO Assaf Rappaport said at a Wall Street Journal event on Tuesday, as reported by Reuters, that the acquisition had cleared its antitrust review by the U.S. Department of Justice. Rappaport added that while a milestone, the deal still has a way to go before it officially closes. TechCrunch reached out to Wiz for more and for more information regarding the timeline to close."
"Google initially approached Wiz in 2024 with an offer to buy the startup for $23 billion. Wiz walked away from that offer and Rappaport said, at the time, that he felt the business could grow to be a lot bigger than that. He was right. Google and Wiz revived acquisition talks in the first few months of 2025, and Google announced it was buying Wiz for $32 billion in March."
Google's $32 billion acquisition of cloud security company Wiz has cleared antitrust review by the U.S. Department of Justice and is expected to close in early 2026. The DOJ clearance represents a significant milestone while final closing steps remain. Google first approached Wiz in 2024 with a $23 billion offer, which Wiz declined, believing the company could grow larger. Acquisition discussions resumed in early 2025, leading to a $32 billion agreement announced in March. The deal entered antitrust review in June and additional information about the closing timeline has been sought by industry outlets.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]