After Google's $32B deal, Wiz throws Thailand bash with Katy Perry set
What's the deal? Wiz, the Israeli cloud-security firm Google acquired for $32 billion, flew employees to the Khao Lak resort area in Thailand last week for a five-day vacation. The trip featured a surprise private concert by Katy Perry, who performed hits including "I Kissed a Girl."
The numbers: CTech estimates Perry's performance — fee plus production — at roughly $3-4 million. The broader vacation, which included a high-end resort stay and a series of employee parties, is estimated to have cost tens of millions of shekels.
Why now? Google completed its acquisition of Wiz in March 2026, after a year-long review and regulatory clearances in multiple markets. Wiz is now part of Google Cloud, making the Thailand retreat a post-deal celebration rather than a sign of new transaction activity.
What's the endgame? The event adds to Wiz's history of lavish staff perks. Past gatherings include a private version of "Survivor" in Mauritius and a star-studded Purim party in Tel Aviv.
The signal: The $32 billion purchase fits a broader cybersecurity trend of strategic consolidation, with recent deals targeting cloud, data, and AI security. The headline-grabbing party spending, however, says little about that trend — it is simply how one of the sector's largest exits chose to mark the finish line.
Read more: calcalistech.com
Image credit: Lachlan Hardy
