16-June-2025
Corporate News
 
Google's $32 Billion Deal for Wiz Gets Antitrust Review, Bloomberg News Reports
14-Jun-2025

The U.S. Justice Department antitrust enforcers are reviewing whether Google's planned acquisition of cybersecurity company Wiz would illegally limit competition in the marketplace, Bloomberg News reported on Friday, citing people familiar with the matter. The deal, valued at about $32 billion, would be Alphabet's largest acquisition. It will integrate Wiz into Google's cloud unit, enhancing the company's cybersecurity solutions to help businesses mitigate critical risks. Google and the DOJ declined to comment, while Wiz did not immediately respond to a Reuters request for comment.

News Source:- https://money.usnews.com/investing/news/articles/2025-06-13/googles-32-billion-deal-for-wiz-gets-antitrust-review-bloomberg-news-reports