EU Regulators to Decide on Alphabet’s $32 Billion Wiz Acquisition by February 10
Alphabet's ambitious $32 billion bid to acquire cybersecurity firm Wiz faces a critical EU regulatory decision by February 10. The deal, announced in March 2023, would mark Google's parent company's largest acquisition to date, strategically bolstering its cloud computing security capabilities against rivals Amazon and Microsoft.
EU antitrust authorities are weighing whether to approve the transaction unconditionally, demand concessions, or launch an in-depth investigation. The U.S. Department of Justice already cleared the deal in November, signaling regulatory confidence in the competitive landscape.
This acquisition reflects Big Tech's escalating arms race in cloud infrastructure security, with cybersecurity becoming a key battleground for market dominance. Regulatory scrutiny remains intense as global watchdogs monitor potential monopoly concerns in the sector.
