According to reports, Google’s plans to acquire Israeli cybersecurity firm Wiz fell apart, but executives were able to ink a deal in a flurry of negotiations after U.S. President Donald Trump was sworn into office just eight weeks ago.

Google significantly increased the breakup fee to more than $3.2 billion after sweetening its first offer of $23 billion in July to $32 billion, making it one of the biggest tech mergers ever. However, the White House shift that brought with it the possibility of a more lenient antitrust review under Trump was the true clincher for Wiz and Google officials.

Google made another move last autumn while Wiz contemplated a possible initial public offering. Following Trump's inauguration on January 20 and the appointment of important antitrust authorities to his administration, executives often began meeting to iron out the specifics of a deal, even though talks had been intermittent for several months.

In January, when Wiz was still considering a possible IPO, Fazal Merchant also accepted the position of Chief Financial Officer.

According to reports, Merchant and CEO Assaf Rappaport were instrumental in negotiating the purchase and seeing it through to completion. Another important figure in the agreement's creation was Thomas Kurian, the head of Google's cloud division.

Google's updated offer, which valued the cybersecurity startup 39 percent higher than the initial bid and included a greater reverse breakup fee of more than $3.2 billion, or more than 10 percent of the deal value, payable to Wiz if the sale goes through, was difficult for Wiz executives to reject.

Google sees the premium as justified given Wiz's 70 percent annual revenue growth and over $700 million in annualized revenue, as per reports.