By PYMNTS
Publication Date: 2026-01-08 19:21:00
A regulatory decision on Google’s largest ever acquisition could be weeks away.
European competition regulators will decide by Feb. 10 whether to allow the company’s $32 billion acquisition of cybersecurity provider Wiz, according to a filing on the European Commission (EC) website.
Google announced the deal in March, calling it an investment by its Cloud unit to “accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds.”
The EC’s filing was flagged in a report by Reuters Thursday (Jan. 8), which notes that tech deals in Europe have in recent years undergone strict scrutiny from regulators, who are worried that the world’s tech giants may use them to further increase their market power.
The commission, which enforces antitrust regulations for the European Union, can either approve the deal with or without seeking concessions from Google, or can launch a full-scale probe if it finds serious…