Google Just Made Israeli Cybersecurity Startup Wiz the Biggest Exit in Israel’s History at $32 Billion

Google’s $32 billion acquisition of Israeli cybersecurity firm Wiz is the largest exit in Israel’s history.  Last week, Google’s parent company Alphabet agreed to acquire cybersecurity startup Wiz for $32 billion in an all-cash transaction.  In 2024, Wiz reportedly rejected a $23 billion acquisition offer from Alphabet, choosing instead to aim for $1 billion in Annual Recurring Revenue (ARR) and an Initial Public Offering (IPO). After acquiring Israeli companies like Waze in 2013 and Alooma in 2019, Google’s purchase of Wiz represents its largest acquisition to date, following its $12.5 billion purchase of Motorola in 2011. Google plans to expand Wiz, grow its workforce, and turn Israel into a global cybersecurity hub. Wiz delivers AI-powered cloud cybersecuri