Google wins EU approval for $32B Wiz acquisition

• The $32 billion Wiz acquisition, announced in March 2025, is Google's biggest deal to date and aims to boost its cloud computing presence against larger competitors Amazon and Microsoft
• The European Commission granted unconditional approval, stating that data acquired through the deal is not commercially sensitive and can be accessed by other security software firms
• Tech acquisitions face heightened regulatory scrutiny amid concerns about big companies expanding market power and potentially excluding smaller competitors

Google Secures EU Approval for $32 Billion Wiz Acquisition

Alphabet's Google received unconditional antitrust approval from the European Union on February 10, 2026, for its $32 billion acquisition of cybersecurity firm Wiz. This marks Google's largest-ever deal and faced no competition concerns from EU regulators.

Key Transaction Details:

• Deal value: $32 billion
• Announced: March 2025
• Approval: Unconditional, granted by the European Commission
• Target: Wiz, a cybersecurity company

Strategic Rationale:

The acquisition strengthens Google's position in both cybersecurity and cloud computing, sectors where it currently trails market leaders Amazon Web Services and Microsoft Azure. Google ranks third in the cloud computing market behind these two competitors.

Regulatory Assessment:

The European Commission determined the deal poses no antitrust threats, noting that any data Google acquires through Wiz is not commercially sensitive and remains accessible to other security software companies. This conclusion allowed regulators to grant unconditional approval without requiring remedies or concessions.

Market Context:

The approval comes amid heightened regulatory scrutiny of technology sector mergers, with authorities increasingly concerned about Big Tech consolidation that could strengthen dominant market positions and exclude smaller competitors. Despite this environment, the EU found Google's Wiz acquisition acceptable.

Implications:

This deal represents a significant bet by Google to close the gap with cloud computing rivals through enhanced cybersecurity capabilities. The unconditional approval suggests regulators view the combination as complementary rather than market-concentrating, potentially setting a precedent for future tech deals in the cybersecurity space.