Story perspectives

EU Approves Google’s $32B Wiz Acquisition Despite Concerns

2/12/2026

Summary

Story summary

The European Commission approved Google LLC's $32 billion acquisition of Israel-based Wiz on February 10, 2026, finding no competition concerns.
EU antitrust chief Teresa Ribera said customers will have alternatives, as Google trails Amazon and Microsoft in market share.
Critics fear Wiz's neutrality could be compromised if integration prioritizes Google Cloud services.
The deal is expected to generate about NIS 10 billion ($3.2 billion) in Israel's tax revenue.

History

Historical Context

The European Union's Digital Single Market strategy, launched in 2013, aimed to boost competition among tech firms like Google, which has faced scrutiny for its market dominance. In March 2025, Google announced a $32 billion acquisition of Wiz, marking the largest cybersecurity acquisition to date. The EU approved the deal in February 2026, highlighting ongoing tensions between competition and consolidation in the tech sector.

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Story summary

The European Commission approved Google LLC's $32 billion acquisition of Israel-based Wiz on February 10, 2026, finding no competition concerns.
EU antitrust chief Teresa Ribera said customers will have alternatives, as Google trails Amazon and Microsoft in market share.
Critics fear Wiz's neutrality could be compromised if integration prioritizes Google Cloud services.
The deal is expected to generate about NIS 10 billion ($3.2 billion) in Israel's tax revenue.

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