Alphabet Inc. Sees $31.73 Billion Trading Volume Amid $32 Billion Acquisition of Wiz

On March 24, 2025, Alphabet Inc. (GOOG) saw a trading volume of $31.73 billion, marking a 35.77% decrease from the previous day. The stock price rose by 2.21%, marking the second consecutive day of gains, with a total increase of 2.96% over the past two days.

Alphabet Inc. has announced a significant acquisition, purchasing Wiz, a leading cloud security platform, for $32 billion in an all-cash deal. This acquisition is set to close in 2026 and is aimed at strengthening Alphabet's AI and cloud security capabilities. The deal is notable for its size and strategic importance, as it represents Alphabet's largest acquisition to date. Wiz, known for its rapid growth and innovative research in cloud security, has been a key player in the industry, rejecting a previous $23 billion offer from Google in favor of an IPO. However, the current market conditions and the strategic benefits of the acquisition led to this deal. The acquisition is expected to enhance Alphabet's multicloud protection and AI capabilities, positioning the company as a leader in cloud security.

This acquisition is part of a broader trend in the cybersecurity industry, where private equity inflows have been soaring. The deal is seen as a strategic move to bolster Alphabet's cloud security offerings, especially in the face of growing AI threats. The acquisition is expected to have a positive impact on Israel's tax revenue, as Wiz is based in New York but has significant operations in Israel. The deal is also seen as a smart move by retail traders, who laud Alphabet's strategic vision in acquiring Wiz. The acquisition is expected to close in 2026, and the integration of Wiz's technology into Alphabet's cloud offerings is anticipated to be seamless, enhancing the company's competitive edge in the cloud security market.