Earlier quoted context omitted.
Acquisitions often involve swaps of shares.
The press releases say cash deal.
The question was about what happens in other cases.
Google to buy Wiz for $32B
121–130 of 951 posts
Re: Google to buy Wiz for $32B
#122For hardcore Wiz users: What are their killer features that you use day in, day out?
We use wiz and rapid7, so I can compare these two:
Usability of Wiz and the ability to adapt it is so much better. Everyone can get a seat without extra costs, enabling shift-left for the dev teams. Projects make sure they only see what they need to see.
The query engine is top. There are very good presets. Create Boards to share custom queries with the teams.
Compliance frameworks are available. You could inspect the rules, they are written in OPA rego and you could add your own rules.
Cloudtrail search is also a lot better than the one aws is providing.
I could go on and on and on .. this solution has so many powerful features.
Re: Google to buy Wiz for $32B
#123I'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…
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
Re: Google to buy Wiz for $32B
#124I'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.
It doesn't force them to move, it just gets Google the information about how you use competitors products so they can out negotiate them come deal time.
Re: Google to buy Wiz for $32B
#125Here's some context in what this means:
Currently, Crowdstrike, Zscaler and other solutions compete in a similar space than Wiz.
Google likely believes if can offer Wiz sec products bundled with Google Cloud. It isn't a terrible idea.
But Wiz itself works on multiple clouds, so it seems that Google can also grow it on their own.
Cloud security companies are growing a lot, and might be a growth lever for Alphabet, as its other businesses' revenue growth are slowing down.
My assumption is that this will actually make it easier for Crowdstrike and Zscaler to keep their market share, as they are pure-play companies on Cloud security and Alphabet has too many businesses to manage.
For me, it looks overpriced. Wiz has been growing a lot, but under Alphabet it might not perform as well as it did.
The big winners are the founders and whoever owned Wiz options.
Re: Google to buy Wiz for $32B
#126This 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…
For $32B Google are buying Wiz's brand, existing customers and their pipeline of customers, along with the technology.
Re: Google to buy Wiz for $32B
#127I'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.
Wiz itself doesn’t. But Wiz knows what is going on in everyone cloud. That data could be fed to GCP sales team though customers might riot if that happens.
Re: Google to buy Wiz for $32B
#128This 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.
Yeah but Google is a trillion dollar company. Why do they need to spend $32billion on a company whose only value add seems to be they are good at finding exploits? You could hire every cyber security researcher in the country for $32billion.
Re: Google to buy Wiz for $32B
#129I’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?
Growing up in the NYC area this is what I think of when someone says the wiz
https://en.wikipedia.org/wiki/The_Wiz_(store)
Re: Google to buy Wiz for $32B
#130I'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…
Just to respond to the Whatsapp part of the comment, apparently Whatsapp made about $1.7 billion in 2024. https://www.businessofapps.com/data/whatsapp-statistics/