GOOG · 10-Q · 2026Q1 · Full report
Acquisition / Partnership / Divestiture
Alphabet Inc. · 2026-04-30 · Importance 71 · Surprise 60 · In source text
Alphabet completed the acquisition of Wiz on March 11, 2026 for $29.5 billion (after purchase price adjustments and excluding post-combination compensation) and completed the acquisition of Intersect on March 10, 2026 for $5.9 billion (after purchase price adjustments). Following the Wiz close, its results are included in the Google Cloud segment; Intersect results are included in consolidated financial statements and allocated to segments. Alphabet also entered into a definitive agreement to contribute its ownership interest in GFiber into a newly formed entity, expected to result in $1.5 billion cash, a $2.0 billion note receivable, and a 49.99% equity interest upon closing, with the transaction expected to close in late 2026. These transactions materially reallocate capital, affect segment composition, and create near-term cash inflows and equity accounting changes.
Key facts
- On March 11, 2026, Alphabet completed its acquisition of Wiz for $29.5 billion after purchase price adjustments and excluding post combination compensation arrangements, allocated to Google Cloud. source
- In February 2026, Waymo received $16.0 billion in funding, the significant majority of which was funded by Alphabet. source
- On March 10, 2026, Alphabet completed its acquisition of Intersect for $5.9 billion after purchase price adjustments. source
- In March 2026, Alphabet entered into a definitive agreement to contribute its ownership interest in GFiber into a newly formed entity and upon closing expects 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
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +4.2% | On March 11, 2026, Alphabet completed its acquisition of Wiz for $29.5 billion after purchase price adjustments and excluding post… |
| assets | positive | realized | +0.8% | On March 10, 2026, Alphabet completed its acquisition of Intersect for $5.9 billion after purchase price adjustments. |
| assets | positive | probable | +0.1% | In March 2026, Alphabet entered into a definitive agreement to contribute its ownership interest in GFiber into a newly formed entity and… |
| cash | positive | probable | +0.1% | In March 2026, Alphabet entered into a definitive agreement to contribute its ownership interest in GFiber into a newly formed entity and… |
| cash | negative | realized | — | In February 2026, Waymo received $16.0 billion in funding, the significant majority of which was funded by Alphabet. |
| assets | positive | realized | — | In February 2026, Waymo received $16.0 billion in funding, the significant majority of which was funded by Alphabet. |
| assets | positive | probable | — | In March 2026, Alphabet entered into a definitive agreement to contribute its ownership interest in GFiber into a newly formed entity and… |