Google to buy Wiz for $32B • Hacker News Board

whitepoplar wrote: post #10

Can anyone with security expertise clarify what Wiz actually does? Is it a legitimate company or is it fuzzy consultingware?

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Re: Google to buy Wiz for $32B

#26

Post by mrweasel » Tue, Mar 18, 2025, 1:19 PM UTC

eitally wrote: post #7

Imho, and as a xoogler who's been in Google Cloud's ecosystem the past few years, Google Cloud's three big focus areas have been AI (this is an evolution from their historical focus on data, then also analytics), Distributed Cloud (Anthos++) and security (post the Mandiant acquisition). They'll never be able to compete on base infra, given their late entry into the game, lack of presence in certain markets, and the l…

I can't help feel like this will be rolled into GCP and quickly lose support for Azure and AWS and then just die. That's a lot of money to spend to kill off a business.

Re: Google to buy Wiz for $32B

#27

Post by yathaid » Tue, Mar 18, 2025, 1:19 PM UTC

The Trump admin has shown the same attitude as the Biden admin when it comes to mergers. So why do they think the merger will go through this time?

Re: Google to buy Wiz for $32B

#28

Post by stego-tech » Tue, Mar 18, 2025, 1:19 PM UTC

whitepoplar wrote: post #10

Can anyone with security expertise clarify what Wiz actually does? Is it a legitimate company or is it fuzzy consultingware?

It’s a security-as-a-service platform that monitors whatever clouds or systems you plug into it for security vulnerabilities, but is built specifically for public cloud service providers and their workloads. I quite liked the product, as it would notify my team of erroneous configurations, outdated AMIs, exposed ports, vulnerable workloads, and whatever custom policies we setup (e.g., SSH open between VPCs in AWS, rather than via a Jumpbox).

I loved the product when I used it (huge improvement over Nessus), and am immensely disappointed Google owns it as it means I’ll have to find something else going forward. This is the sort of acquisition a regulator should block, because Wiz really is best-in-class at what they do for every cloud they support, and customers benefit more from it being agnostic.

Re: Google to buy Wiz for $32B

#29

Post by coldpie » Tue, Mar 18, 2025, 1:20 PM UTC

ceva wrote: post #22

big tech should be forbidden of purchasing anything, especially big 5

The voters disagreed and elected an extremely big tech friendly government.

Re: Google to buy Wiz for $32B

#30

Post by airstrike » Tue, Mar 18, 2025, 1:20 PM UTC

InkCanon wrote: post #17

whitepoplar wrote: post #10

Can anyone with security expertise clarify what Wiz actually does? Is it a legitimate company or is it fuzzy consultingware?

Would also be interested in this. I don't know anyone who uses Wiz. Google says they had 350 million in revenue last year, aiming for 1 billion this year. So 100x revenue TTM. Crazy stuff.

FYI we don't really value companies on a TTM basis so 32.0x Revenue would be the right multiple to quote