Investing.com – Google has received unconditional antitrust approval from the European Union to acquire cybersecurity company Wiz, marking the tech giant’s largest deal ever at $32 billion.
The European Commission confirmed on Tuesday that the acquisition would not raise concerns regarding market competition. Announced in March 2025, the deal is expected to strengthen Google’s position in cybersecurity and cloud computing, where it currently lags behind Amazon.com and Microsoft.
EU antitrust chief Teresa Ribera explained the decision in a statement: “Google’s market share in cloud infrastructure is behind Amazon and Microsoft. Our assessment confirms that customers will continue to have reliable alternative options and the ability to switch providers.”
As part of its competition enforcement, the European Commission also noted that any data Google gains through this transaction is not commercially sensitive, and other security software companies can still access this data for evaluation.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
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Google's $32 billion acquisition of Wiz receives EU antitrust approval
Investing.com – Google has received unconditional antitrust approval from the European Union to acquire cybersecurity company Wiz, marking the tech giant’s largest deal ever at $32 billion.
The European Commission confirmed on Tuesday that the acquisition would not raise concerns regarding market competition. Announced in March 2025, the deal is expected to strengthen Google’s position in cybersecurity and cloud computing, where it currently lags behind Amazon.com and Microsoft.
EU antitrust chief Teresa Ribera explained the decision in a statement: “Google’s market share in cloud infrastructure is behind Amazon and Microsoft. Our assessment confirms that customers will continue to have reliable alternative options and the ability to switch providers.”
As part of its competition enforcement, the European Commission also noted that any data Google gains through this transaction is not commercially sensitive, and other security software companies can still access this data for evaluation.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.