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Alphabet's $32 Billion Acquisition of Wiz Clears U.S. DOJ Antitrust
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Heartspace News Desk
•Source: Reuters
TL;DR
TL;DR: The U.S. Department of Justice has granted antitrust clearance for Alphabet's $32 billion acquisition of Wiz, as announced by Wiz CEO Assaf Rappaport. Google expects the acquisition to finalize in 2026 pending regulatory approvals in other jurisdictions and customary closing conditions, with plans to integrate Wiz into Google's cloud unit to enhance cybersecurity.
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Key takeaways
- Alphabet's proposed $32 billion acquisition of cybersecurity firm Wiz has received antitrust clearance from the U
- Department of Justice (DOJ)
- Wiz CEO Assaf Rappaport announced the clearance at a Wall Street Journal event
Alphabet's proposed $32 billion acquisition of cybersecurity firm Wiz has received antitrust clearance from the U.S. Department of Justice (DOJ). Wiz CEO Assaf Rappaport announced the clearance at a Wall Street Journal event.
While the DOJ has approved the acquisition, it remains subject to regulatory approvals in other jurisdictions. According to a Google spokesperson, the company anticipates finalizing the deal in 2026, contingent upon customary closing conditions. The acquisition is expected to integrate Wiz into Google's cloud unit, strategically strengthening the company's cybersecurity capabilities.
Related Topics
AlphabetWizacquisitionantitrustcybersecurityDOJcloud computing
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