Alphabet (GOOGL) Stock: DOJ Approves Record $32 Billion Wiz Cybersecurity Acquisition

TLDR

• Alphabet’s $32 billion Wiz acquisition cleared DOJ antitrust review on October 24
• Represents Google’s largest corporate acquisition in history
• Wiz will integrate into Google Cloud to boost cybersecurity capabilities
• Other international regulators still reviewing the deal before 2026 closing
• DOJ granted early termination, removing federal obstacles to completion

Alphabet has passed a critical regulatory checkpoint for its record-breaking cybersecurity deal. The Department of Justice completed its antitrust review of Google’s $32 billion Wiz acquisition.

Wiz CEO Assaf Rappaport announced the milestone at a Wall Street Journal event Tuesday. He called it an important step but noted more work remains before closing.

The DOJ granted early termination on October 24. This signals federal antitrust agencies no longer consider their review a barrier to the merger.

The deal will make Wiz part of Google Cloud. This integration targets enhanced cybersecurity solutions for business customers.

Google first announced the Wiz purchase in March. The DOJ immediately launched an in-depth investigation into potential anti-competitive effects.

What This Means for Google Cloud

The acquisition aims to strengthen Google’s cloud security position. Wiz specializes in identifying and managing critical security risks for cloud infrastructure.

Google Cloud competes with Amazon Web Services and Microsoft Azure. Adding Wiz’s technology could help close the competitive gap.

The deal represents Alphabet’s biggest acquisition ever. It surpasses all previous purchases in company history.

Wiz built its business around cloud security scanning and threat detection. Organizations use the platform to find vulnerabilities across their cloud environments.

Regulatory Path Forward

The DOJ clearance doesn’t complete the approval process. Regulators in other countries still need to review the transaction.

Rappaport confirmed international jurisdictions continue evaluating the deal. A Google spokesperson said the company expects to close in 2026 pending customary conditions.

The Federal Trade Commission website posted the early termination notice. The timing raised questions since the FTC previously stated it wouldn’t grant early termination during government shutdowns.

Google faces antitrust challenges elsewhere. Federal judges ruled the company illegally monopolized online search and display advertising technology markets in two separate trials.

A Virginia federal judge is deciding whether to force sales of Google’s ad tech business. That ruling could reshape major revenue streams.

The Wiz approval provides some positive news during this regulatory scrutiny period. Google continues defending its business practices globally.

Wiz employees previously sold another cybersecurity company to Microsoft. That experience likely helped position Wiz for this Google deal.

The cybersecurity market keeps expanding as digital threats grow. Cloud security specifically attracts investment as businesses shift operations online.

Details about Wiz’s integration into Google Cloud remain limited. The company will operate within Google’s cloud division after closing.

Neither the DOJ nor Wiz commented on the review conclusion. Google confirmed it looks forward to completing remaining regulatory processes.

The acquisition timeline targets 2026 for final closure. That depends on clearing international regulatory reviews and meeting standard closing requirements.

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