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Google’s $32 billion acquisition of cloud security company Wiz is nearing the finish line.
Wiz CEO Assaf Rappaport said at a Wall Street Journal event on Tuesday As reported by ReutersThe acquisition has cleared antitrust review by the US Department of Justice. Although it represents a major milestone, the deal still has a long way to go before it can be officially closed, Rappaport added.
TechCrunch has reached out to Wiz for more information regarding the closure timeline.
Google initially approached Wiz in 2024 With an offer to buy the startup for $23 billion. Wiz walked away from this show At the time, Rappaport said, he felt the business could grow to be much larger.
He was right. Google Waze Takeover talks were revived in the first few months of 2025Google announced that it would buy Waze for $32 billion In March.
Bloomberg I mentioned it at the beginning The deal was under antitrust review in June. The deal is expected to close in early 2026, according to Reuters.