Guess this is what laying off thousands of people paid for.
Google to buy Wiz for $32B
111–120 of 951 posts
Re: Google to buy Wiz for $32B
#112[flagged]
Re: Google to buy Wiz for $32B
#113This seems like a silly and ridiculous acquisition. Surely for $32 billion almost any security technology could be replicated? You could hire several thousand best in class engineers and build whatever Wiz has in house… buying this almost makes it seem like Google has no idea how to build new innovative products, which I guess a lot of people already think. For Instagram and WhatsApp it was the user base and growth t…
There is actually some drama between Wiz and Orca, a company founded one year before Wiz. Orca alleged Wiz copied them, and Orca does operate in the same space. But a lot of hundred billion dollar companies are built on moats, integration and switching costs.
Re: Google to buy Wiz for $32B
#114Google has some amazing negotiating skills - paying 50% more for something they literally tried to get not even a year ago... (they tried to get it at 23 billing not even a year ago) https://news.ycombinator.com/item?id=41042034 That being said, Instagram and WhatsApp were expensive for Facebook and those ended up being a steal. Time will tell, as usual.
This is meant to be politically-neutral commentary: this deal doesn't happen without a Republican in office that will squash the antitrust bent that the Biden administration started. It's also possible the last Wiz deal happens without the antitrust swirling over Google.
Some policy is being continued, https://natlawreview.com/article/antitrust-under-trump-initi...
> FTC Chairman Ferguson and Omeed Assefi, Acting Assistant Attorney General of the DOJ’s Antitrust Division, announced on February 18, 2025, that the FTC and DOJ will continue to use the 2023 Merger Guidelines as the framework for their merger review process.
Re: Google to buy Wiz for $32B
#115I’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?
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Re: Google to buy Wiz for $32B
#116Stock is down, definitely overpaid
Re: Google to buy Wiz for $32B
#117I was wondering why like every Wiz business development person was cold-engaging me on LinkedIn and email last year.
Re: Google to buy Wiz for $32B
#118I'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…
How on earth does buying Wiz force other developers to move? I think the tinfoil is too tight.
There's no force but Google can now leverage the data from Wiz to target good customers for other services.
Re: Google to buy Wiz for $32B
#119I'm marginally in the IT space... Is there anything to my reaction that at least in dollar terms this is a multiple of the dollar amount of what Whatsapp was acquired back in the day, which was a large consumer facing product that I could see was quite literally taking over messaging all over the world, and this is a... platform I've never heard of? I'm just trying to make sense of the numbers.
Whatsapp was $1/person/year for a license. Wiz is "contact sales for pricing". Presumably that's more than $1/year.
According to Amazon's Wiz integration (https://aws.amazon.com/marketplace/pp/prodview-ibgbkrqusncsm), the lowest cost they have is $24,000/year.
Re: Google to buy Wiz for $32B
#120I'm marginally in the IT space... Is there anything to my reaction that at least in dollar terms this is a multiple of the dollar amount of what Whatsapp was acquired back in the day, which was a large consumer facing product that I could see was quite literally taking over messaging all over the world, and this is a... platform I've never heard of? I'm just trying to make sense of the numbers.
True, but the vast majority of people spend zero money on WhatsApp. I actually have no idea how I would give them money. There are no adverts, the metadata is not valuable, and no companies even use WhatsApp business, at least in the UK. Their UK revenue is basically 0, despite 100% market share. This is an enterprise product in a space where companies spend millions of dollars. Still seems like an insane amount thou…
Whatsapp when it was acquired cost $1/year (with a year long free trial) and had a billion users and 55 employees. They were printing money.