This article first appeared on GuruFocus.
Alphabet Inc. (GOOGL, Financials) took a big step forward in its plan to buy cybersecurity company Wiz after the U.S. Justice Department completed its antitrust review. Wiz CEO Assaf Rappaport called the approval an important milestone, saying the companies are now focused on final steps toward closing the deal.
The $32 billion purchase would be the largest in Alphabet’s history, giving Google Cloud a stronger hand in protecting business clients from rising digital threats. The move highlights how cybersecurity has become a central part of cloud competition among Google, Microsoft, and Amazon.
This is an important milestone, but we’re still in the journey between signing and closing, Rappaport said at a Wall Street Journal event. Google said it’s still working with regulators overseas and expects to finalize the acquisition in 2026.
The DOJ clearance reduces uncertainty around the deal and signals growing confidence that the merger won’t limit competition. Investors will now watch how Google integrates Wiz to expand its role in enterprise security.