GOOGL · 10-Q · 2026Q2 · Full report
Acquisition — Wiz
Alphabet Inc. · 2026-07-23 · Importance 71 · Surprise 60 · In source text
Alphabet completed its $29.5 billion acquisition of Wiz on March 11, 2026, with the acquired results included in Google Cloud. Alphabet completed its $5.9 billion acquisition of Intersect on March 10, 2026, with results allocated across its segments. Alphabet also agreed to contribute its wholly owned GFiber business to a newly formed entity in exchange for $1.5 billion of cash, a $2.0 billion note receivable, and a 49.99% equity interest. The GFiber transaction is expected to close in late 2026, after which the remaining interest is expected to be accounted for under the equity method.
Key facts
- On March 11, 2026, we completed our acquisition of Wiz for $29.5 billion after purchase price adjustments. source
- In March 2026, we entered into a definitive agreement to contribute GFiber into a newly formed entity and expect to receive $1.5 billion in cash, a $2.0 billion note receivable, and a 49.99% equity interest; the transaction is expected to close in late 2026. source
- On March 10, 2026, we completed our acquisition of Intersect for $5.9 billion after purchase price adjustments. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +3.2% | On March 11, 2026, we completed our acquisition of Wiz for $29.5 billion after purchase price adjustments. |
| assets | positive | realized | +0.6% | On March 10, 2026, we completed our acquisition of Intersect for $5.9 billion after purchase price adjustments. |
| assets | positive | probable | +0.1% | In March 2026, we entered into a definitive agreement to contribute GFiber into a newly formed entity and expect to receive $1.5 billion… |
| cash | positive | probable | +0.1% | In March 2026, we entered into a definitive agreement to contribute GFiber into a newly formed entity and expect to receive $1.5 billion… |
| assets | positive | probable | — | In March 2026, we entered into a definitive agreement to contribute GFiber into a newly formed entity and expect to receive $1.5 billion… |