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Google to buy Wiz for $32B

reuters.com

221–230 of 951 posts

Re: Google to buy Wiz for $32B

#221

Earlier quoted context omitted.

It means if you were a shareholder of Wiz, you will have cash in your checking/savings account within few days and you will no longer have the shares.

What if I don't want to pay capital gains?

There's going to be teams of lawyers and financial managers that will guide that money into various financial structures and / or shell companies so that none of it shows up on the records used to calculate that.

Re: Google to buy Wiz for $32B

#222
post #103

Earlier quoted context omitted.

I don't think WhatsApp had the same kind of revenue that Wiz has, even normalised for 2014 numbers.

WhatsApp purchase was for that sweet sweet data of everyone's contact lists (this was their original innovation for onboarding — just give us access to your phone book and we'll tell you who else is on WhatsApp). Their earnings were completely irrelevant in price discussions. The billions were paid for the dataset.

Any idea what profitable things they do with that data?

Re: Google to buy Wiz for $32B

#224
post #123
post #108

Earlier quoted context omitted.

If you'd be so kind for those of us that haven't touched cloud in 5/10 years, what is Wiz? from reading the google announcement: solving the supply chain hybrid cloud security issues? I could google I know but you seem to know what you are talking about, so if you'd be so kind. :)

it's a linter for your yaml spaghetti

That's just one part.

The real value is it's linter for _any_ cloud config - you can use terraform or cloudformation or just click around in user interface, and Wiz's rules would still work.

Re: Google to buy Wiz for $32B

#225
post #102

I'm surprised this acquisition didn't happen sooner. The first time I used Wiz I knew a big cloud provider would be snatching them up at some point. Why? Because every enterprise that decides to use cloud providers then needs to find someone to keep that cloud environment safe. But also, and may more important, you get to see everyones cloud usage, across all providers, with a high level of permissions. Said differen…

[flagged]

> You people are the enemy of intelligence.

Says the 16 minute old account spewing racist garbage in other comments. Funny how it's always the most obvious ones.

Re: Google to buy Wiz for $32B

#226

I’m just curious if anyone here has actually heard of this company before this announcement? If you have, what is your opinion on this acquisition?

I've seen them at trade shows and heard good things. I had also heard that Google tried buying them last year but it didn't go through, I'm curious about how/why they did it now

What I read is that last year they weren't sure yet if they wanted to go public instead, but the current financial climate isn't good for going public so they went for an acquisition instead.

Re: Google to buy Wiz for $32B

#227
post #102

I'm surprised this acquisition didn't happen sooner. The first time I used Wiz I knew a big cloud provider would be snatching them up at some point. Why? Because every enterprise that decides to use cloud providers then needs to find someone to keep that cloud environment safe. But also, and may more important, you get to see everyones cloud usage, across all providers, with a high level of permissions. Said differen…

For a truly multi cloud customer, your second point switches from being a pro to being a con as soon as Google owns it. Why would you give one of your cloud vendors visibility over your footprint across their competition?

It's pro for Google, not pro for customers.
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