Alphabet Stock Slips Despite $32B Wiz Deal Clears EU Approval

This article first appeared on GuruFocus.

Alphabet (NASDAQ:GOOGL) fell about 2% on Tuesday despite the news that the European Commission approved its $32 billion purchase of cybersecurity startup Wiz.

The EU regulator said the deal posed no competition concerns across the European Economic Area. The move comes after Wiz cleared U.S. antitrust review by the Justice Department last November.

Alphabet first outlined the all-cash acquisition in March 2025, describing it as a strategic step to strengthen its cloud security offerings. The $32 billion deal marks the largest acquisition in the company’s history.

Analysts say the Wiz buy signals Alphabet’s focus on expanding its cloud infrastructure and security services as enterprises increase demand for robust cybersecurity solutions.

Market watchers will monitor how integration impacts margins and growth.