• Wiz acquisition Google’s largest-ever deal, comes with impressive reverse break fee
• Scrutiny of deal to be bellwether of US regulatory environment

Google’s USD 32bn all-cash offer for multicloud player Wiz is likely to act as the starting pistol on a new wave of tech deals.

The proposal to buy Wiz is the tech giant’s largest-ever deal and also comes with one of the tech industry’s most significant reverse termination fees.

Start-ups in areas like artificial intelligence (AI), cloud computing and cybersecurity are increasingly likely to receive approaches from major tech players in the wake of this deal, which will act as a bellwether for the regulatory mood in the US.

Troy Hooper, a California-based Mergermarket journalist covering the tech industry, joins Dealcast host Julie-Anna Needham to discuss why Google’s second offer for the company was successful.

• Could the US Federal Trade Commission’s (FTC) new chair, Andrew N. Ferguson, prove more welcoming to tech deals than his predecessor, Lina Khan?
• Why did Wiz drop its plans to hold an initial public offer (IPO)?
• Will the cybersecurity aspects of Wiz’s business attract regulatory scrutiny?

All this and more in this week’s Dealcast.