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Google New Deal: Google had expressed its intention to buy an Israeli startup for Rs 2 lakh crore a year ago, then the company’s founder had refused saying that we will grow further. Now his trust has paid off and the company’s deal is about to be completed for Rs 3 lakh crore.
New Delhi. Google had earlier offered $23 billion (about Rs 2 lakh crore) to buy an Israeli startup. Then this startup refused to accept the offer and the deal was not completed. Now US President Donald Trump has given the green signal to this deal, after which the startup has received a record price within a year. Now Google has agreed to buy it for $32 billion (about Rs 2.8 lakh crore). This means that within just one year the startup has made a profit of about Rs 1 lakh crore.
The US Justice Department has given the legal green signal to this deal. The department was reviewing the antitrust case regarding this deal. Now after this deal is approved, it has been decided that this is going to be the biggest deal in tech history. Google had offered $23 billion to buy this tech startup in the year 2024. Then the company’s co-founder and CEO Assaf Rapaport rejected the offer and said that our business is growing rapidly and will soon become bigger. His trust paid off and within just a year the value of the company increased by another Rs 1 lakh crore.
When will the deal be completed?
The founder of the startup refused to sell it, but Google kept trying to complete the deal. At the beginning of the year 2025, Google had approved a deal worth $32 billion (about Rs 3 lakh crore), which will be the biggest deal in the history of cybersecurity. The deal regarding this deal was finalized between the two companies in March and it is expected to end in the beginning of 2026.
What work does the company do?
Wiz, a company working in the cybersecurity sector, was started in Israel and its headquarters is in New York. This startup is doing great work in the field of cloud-based cybersecurity and provides services to companies like Amazon Web Services, Microsoft Azure and Google Cloud. The company’s technology is becoming a favorite of Fortune 500 companies. Companies like Morgan Stanley and DocuSign have also expressed their confidence in it.
Business spread to America, Europe and Asia
The business of this Israeli company extends not only to its own country but also to many countries in America, Europe and Asia. At present the company has more than 1,000 employees. Google’s cloud division is preparing to buy it and overtake rival companies like Amazon and Microsoft. After getting approval from the regulator, this deal has now reached its final stage. Even after completion of the deal, the company’s employees can remain at their respective locations. This journey of the company shows how much the importance of cybersecurity is increasing.
