Google Secures EU Approval for 32B Wiz Deal

Alphabet’s Google (GOOGL.O) secured unconditional EU antitrust approval Tuesday for its 32 billion acquisition of cybersecurity firm Wiz, marking the tech giant’s largest-ever takeover ¹.

The approval removes a major regulatory hurdle for Google’s aggressive push into cloud security, positioning the company to better compete with Microsoft and Amazon in the rapidly growing cybersecurity market.

Key Takeaways

EU grants unconditional approval for Google’s largest acquisition ever
32 billion deal strengthens Google’s cloud security capabilities significantly
Wiz represents largest-ever buyout of Israeli-founded tech company

Market reaction & context

The European Commission concluded that the Google-Wiz transaction would raise no competition concerns in the European Economic Area ². This marks a significant win for Alphabet, whose cloud division generated 11.4 billion in revenue during the third quarter of 2025, still trailing Amazon Web Services and Microsoft Azure in market share.

The deal represents the largest acquisition of an Israeli-founded technology company in history, highlighting the growing value of cybersecurity assets in an increasingly digital economy ².

Detailed analysis

Wiz, founded in 2020, provides cloud security solutions that help organizations identify and remediate risks across their cloud infrastructure. The company’s rapid growth and comprehensive security platform made it an attractive target for Google’s cloud ambitions.

The unconditional approval suggests EU regulators found no significant overlap between Google’s existing security offerings and Wiz’s specialized cloud protection services. This contrasts with recent EU scrutiny of other major tech acquisitions, where regulators have imposed conditions or blocked deals entirely.

Strategic implications

The acquisition positions Google Cloud to offer more comprehensive security solutions, a critical factor for enterprise customers choosing cloud providers. Cybersecurity spending is projected to exceed 215 billion globally in 2026, making Wiz’s capabilities increasingly valuable.

For Google, the deal represents a significant investment in closing the gap with cloud market leaders Amazon and Microsoft, both of which have made substantial security acquisitions in recent years.

Regulatory landscape

The EU’s swift approval comes months after European regulators described Google as having a relatively small market presence in certain sectors. The decision reflects a more measured approach to tech M&A, focusing on actual competitive harm rather than company size alone.

US antitrust approval for the transaction remains pending, though the EU’s unconditional clearance removes one of the deal’s major regulatory risks.

Conclusion

Google’s successful navigation of EU antitrust review for its largest-ever acquisition signals growing confidence in the company’s cloud strategy. The Wiz deal strengthens Google’s position in the competitive cloud security market while demonstrating regulatory appetite for deals that enhance rather than eliminate competition.

Investors should monitor US regulatory progress and integration execution as Google works to justify the substantial premium paid for Wiz’s cutting-edge security technology.

Not investment advice. For informational purposes only.