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Chronicles

The story behind the story

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Alphabet acquires NYC-based cybersecurity startup Wiz for $32B cash, its largest acquisition yet, pending approval; antitrust fears stalled a $23B deal in 2024

The acquisition is Alphabet's biggest yet, after a $23 billion takeover attempt stalled last year.

The Verge

Discussion

  • @swiftonsecurity.com @swiftonsecurity.com on bluesky
    🥺👉👈  —  I know a cybersecurity asset you could acquire and even work from home on  —  www.theverge.com/google/24198...
  • @quinnypig.com Corey Quinn on bluesky
    Nobody Beats/Deprecates the Wiz® [embedded post]
  • @anildash.com Anil Dash on bluesky
    Somebody has beaten the Wiz [embedded post]
  • @quinnypig.com Corey Quinn on bluesky
    Despite difficulties, Google hasn't given up on trying to take a Wiz.  [embedded post]
  • @brijsingh Brij Singh on bluesky
    Wiz can wait another 10 months and add another $10 billion to its valuation [embedded post]
  • @shmick.bsky.to @shmick.bsky.to on bluesky
    Wow.  Congrats to Wiz.  Hopefully this doesn't turn into yet another Killed By Google story.  [embedded post]
  • @harrymccracken@mastodon.social Harry McCracken on mastodon
    I didn't realize that Motorola Mobility was still Google's biggest acquisition until now.  (Nokia doesn't rank nearly so high among Microsoft's acquisitions.) https://www.theverge.com/...
  • @teddiew Teddie Wardi on x
    Congratulations to the whole team at @wiz_io on the acquisition by Google. It's been a privilege partnering with @assaf_rappaport and team since Series A in 2020! 🎉
  • @probyshandilya Proby Shandilya on x
    Wiz just got bought for $32B. Turns out cloud security is a terminally large category after all.
  • @deedydas Deedy on x
    Cybersecurity startup Wiz gets acquired by Google for $32B. Their secret? Elite Israeli cybersecurity seed investors Cyberstarts and their CISO network that help bootstraps their companies. Cyberstarts owns ~4% or ~$1.3B, a >320x return in 4yrs. [image]
  • @brexhq @brexhq on x
    Congratulations to the @wiz_io team on this incredible milestone! 🚀 From startup to now, we're proud to support your journey. Your impact on cloud security has been game changing, and joining @Google is an exciting next step. Can't wait to see what's ahead!
  • @ingridlunden Ingrid on x
    Another update: the $33b included I heard from a solid source included $1b in retention for Wiz's 1,700 staff. Incredible outcome for this team.
  • @danprimack Dan Primack on x
    Another massive homerun for Sequoia
  • @ekmokaya Mokaya on x
    Alphabet's stock is down ~2% today, erasing ~$39B in market value, which is nearly equal to the $32B acquisition cost of Wiz.
  • @sequoia @sequoia on x
    Congratulations to @wiz_io on today's milestone! This team is unstoppable. Not even a remote camping trip for our founders could stop @assaf_rappaport from doing a live TV interview via Starlink back in 2021. [image]
  • @julianklymochko Julian Klymochko on x
    Google announces agreement to acquire Wiz for $32 billion FTC headquarters this morning: [image]
  • @ourielohayon Ouriel on x
    2013. google buys an israeli startup called waze 2025. google buys an israeli startup called wiz i know how i will call my next startup
  • @marktluszcz Mark Tluszcz on x
    Boom...extraordinary outcome for the Israeli tech ecosystem - @wiz bought for $32 billion. https://www.ft.com/...
  • @philvenables Phil Venables on x
    Excited to share that @Google has announced its agreement to acquire @wiz_io! Wiz is revolutionizing cloud risk reduction. Together, we believe we can help customers create a stronger foundation for cloud security with a portfolio that solves for tomorrow's requirements.
  • @royalhansen @royalhansen on x
    Big news! @Google announced its agreement to acquire @wiz_io! This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds. https://cloud.google.com/...
  • @wiz_io @wiz_io on x
    Wiz ❤️ Google Today we are announcing Google's agreement to acquire Wiz. Is it major news? Absolutely. Does it change our focus? Nope. We will only gain velocity on our mission to empower organizations to adopt AI and cloud securely. 🧵 [image]
  • @jasonlk @jasonlk on x
    Wow. $32 Billion. IPOs may be a bit slow, but 2025 is Good Times Again
  • @dougleone Doug Leone on x
    6/6 We @sequoia couldn't be prouder of @assaf_rappaport and the @wiz_io team. It's been an honor to be your partner for over a decade. Thank you for letting us be a part of your journey. https://www.wiz.io/...
  • @dougleone Doug Leone on x
    3/6 Shortly after we partnered with @wiz_io, the team hit on the insight that cloud security needed a simpler, agentless architecture for an increasingly complex digital world. Once the vision for Wiz became clear, there was no stopping them.
  • @dougleone Doug Leone on x
    1/6 @assaf_rappaport thought I was Don Valentine when we first met. A mistaken encounter turned into a decade-plus relationship with @sequoia leading the earliest rounds in Assaf's first company, Adallom, and @wiz_io. Today @Google announced its intent to acquire Wiz. [image]
  • @wiz_io @wiz_io on x
    Google and Wiz share that same vision. By joining Google, our rocket ship will get even faster, bringing together leading cloud security, data, and AI technology for our customers. Buckle up.
  • @jasonlk @jasonlk on x
    And just 5 years after founding A record. For now. “Five years ago, my fellow cofounders and I set out to create something security and development teams would love.” https://www.wiz.io/... [image]
  • @laurenthomas Lauren Thomas on x
    🚨🚨🚨 SCOOP: Google parent Alphabet is *BACK* in advanced talks to acquire cybersecurity startup Wiz, this time for around $30 billion. $GOOGL https://www.wsj.com/...
  • @thomasortk Thomas Kurian on x
    We look forward to welcoming @wiz_io to @GoogleCloud! Together, we believe we will make it easier and faster for all organizations to protect themselves against cybersecurity incidents across all major clouds and code environments.
  • @eastdakota Matthew Prince on x
    Whatever happens, one thing is clear: Wiz leaks to the press like an incontinent old man. 🤷🏻‍♂️
  • @shomikghosh21 Shomik Ghosh on x
    A great example of how behind Google's security business is Need to pay whatever price possible to get Wiz and try and win some deals vs Azure and AWS
  • @jumpforjoyce Sandra Joyce on x
    Excited to share Google's agreement to acquire @Wiz!! Together, with our frontline intelligence and Google SecOps detection capabilities, we believe organizations will have greater visibility into and protection against the most complex attack paths. https://cloud.google.com/...
  • @frantzfries Chris Frantz on x
    Wiz doesn't own wiz dot com Do you still need a .com in 2025? [image]
  • @alexrkonrad Alex Konrad on x
    With Google set to acquire Wiz for a whopping $32 billion, it's a great time to revisit my Forbes cover story on CEO Assaf Rappaport from August 2023 to read how it got so big, so fast👇 https://www.forbes.com/...
  • @katie_roof Katie Roof on x
    It's true - Google / Wiz is back on and this time it's actually serious. One source says the deal price is looking close to $33B, which would be $10B more than the $23B Wiz turned down last year https://www.bloomberg.com/...
  • @ivanlevingston Ivan Levingston on x
    More details in our story: -Cash deal -$32b price and $1b retention for employees -Will be announced today AM
  • @danielnewmanuv Daniel Newman on x
    I like the idea of the Google / WIZ deal. My gut is 90%+ that this deal cannot make it through regulatory. If it does, it is a brilliant tie up and critical for the necessary security posture in the AI era. My sense is just too much regulatory pressure around Google right now.
  • @arashmassoudi Arash Massoudi on x
    NEW: Google parent Alphabet agrees to buy cyber security group Wiz for $32bn Deal is signed, scoop via @JFK_America https://www.ft.com/...
  • @vxunderground @vxunderground on x
    > buys for $30,000,000,000 > *dies* (less than 2 years) > execs toss corpse into graveyard its the circle of life
  • @benfritz Ben Fritz on x
    Google is in talks to buy cybersecurity company Wiz for $30 billion. Last summer the two companies abandoned a $23 billion deal over fears it would get slow rolled by antitrust regulators. Obviously they are feeling more optimistic now. https://www.wsj.com/...
  • @rekdt @rekdt on x
    Tired: Google attempting to acquire Wiz in 2024 Wired: *checks notes* Google attempting to buy Wiz in 2025
  • @romangold Roman Gold on x
    Largest exit in Israeli ecosystem history: Google acquires Wiz for $32 billion! So proud of our tech community's resilience and achievements even in these challenging times.
  • @googlecloud @googlecloud on x
    Google has signed a definitive agreement to acquire @Wiz_io - a significant step toward improving cloud security, lowering cost, and spurring the adoption of multicloud in the AI era → https://cloud.google.com/... [image]
  • @pitdesi Sheel Mohnot on x
    Cloud security startup Wiz getting acquired by Google for $32B. Wiz is ~5 yrs old and hit $350M in ARR <4 years after founding; aiming for $1B in ARR by the end of 2025. Finally some much-needed liquidity!
  • @altcap Brad Gerstner on x
    As said on @CNBC last week - the M&A freeze is over. Google announces $32 B all cash deal. Congrats team @wiz. 🚀 [image]
  • @sundarpichai Sundar Pichai on x
    From our earliest days, Google's strong security focus has made us a leader in keeping people safe online. Today, businesses and governments are looking for even stronger security solutions and greater choice in cloud computing providers. Together, @GoogleCloud + @Wiz_io will
  • r/cybersecurity r on reddit
    Google agrees to acquire Wiz for $32B
  • r/StockMarket r on reddit
    Alphabet in Talks to Buy Cloud Security Firm Wiz for $33 Billion
  • r/wallstreetbets r on reddit
    Google in Fresh Talks to Buy Cybersecurity Startup Wiz for $30 Billion
  • @danprimack Dan Primack on x
    Expect other tech giants to watch the Google/Wiz deal very closely, in terms of how Trump antitrust regulators react. If they let it sail through, it could be a spark for other big deals. If they don't, then the status quo remains.