wiz probbaly found some big vulnerability in google, and they are now forced to buy them.
Google to buy Wiz for $32B
341–350 of 951 posts
Re: Google to buy Wiz for $32B
#342This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
Project Zero and Wiz and have very little in common. It's wrong to bring these two up together as if they are comparable. Project Zero focuses on discovering and analysis of new (including zero-day) vulnerabilities. I do not believe Wiz uncovers new vulnerabilities. The skillset of someone working on Project Zero looks very different from someone working on Wiz.
The field of security is huge. It's unhelpful to lump unrelated things together.
Re: Google to buy Wiz for $32B
#343This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
Google has the best security. But it is hard to market real security (as oposed to snake-oil), so maybe this acquisition will help.
Re: Google to buy Wiz for $32B
#344This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
So many sources yet no source of the actually outrageous claim that Google will use this to illegally siphon customer data maybe this deal is about a company with a lot of revenue in an area google is heavily investing in: cloud security?
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Re: Google to buy Wiz for $32B
#345Google 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.
Rump likes to play favorites and use any power at his disposal to hurt his political / personal enemies or people he thinks don't "respect" him enough. He also is a fan of extorting people.
So I wouldn't count on it based on some generic "pro-business" position. Google is going to have to kiss the ring one way or another.
Re: Google to buy Wiz for $32B
#346Earlier quoted context omitted.
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.
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I feel like there may be better ways to address your points without insulting the person you're replying to... Any chance you'd be willing and able to compose a reply that adds credibility to your claims? Or is this more of a "grudge against that commenter in particular" sorta thing?
Re: Google to buy Wiz for $32B
#347I’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)
As a fan of British comedy, this is what I think of when I hear wiz: https://en.wiktionary.org/wiki/wiz#Etymology_2
Re: Google to buy Wiz for $32B
#348Earlier quoted context omitted.
I was worried it was that WiZ, luckily it's not Their bulbs are one of the few WiFi bulbs that don't require an app to operate (only for the initial configuration)
Can you elaborate on this? The app (both versions!) barely works, and they don’t appear to be compatible with Apple Home like others.
You can use a Python library/tool to control them (https://github.com/sbidy/pywizlight), which means Home Assistant supports them out of the box.
In my setup I have Home Assistant running on an N100 mini PC and that's what I use as an HomeKit bridge.
If possible I'd use ZigBee or Z-Wave bulbs (or even better, switches) though.
Re: Google to buy Wiz for $32B
#349Rejecting a $23B offer to get $32B less than a year later doesn't sound half bad. https://www.theverge.com/2024/7/23/24204198/google-wiz-acqui...
I was trying to figure out where the deja vu was coming from. This explains it!
Re: Google to buy Wiz for $32B
#350This deal isn't about security, it's about data. Google already have one of the best security teams in the industry - Project Zero [0]. They don't need Wiz's "enterprise" expertise for security. This deal is about DATA. Wiz, as a cybersecurity vendor, have full remote access to their customers cloud compute storage (EC2 EBS volumes, etc) in the name of "security scanning" - this is actually part of their unique selli…
Google isn’t buying Wiz for “security expertise”, they’re buying Wiz for a security product, in a growth area, that customers absolutely love. You’ve provided no evidence for the conspiracy theory that google is buying Wiz to siphon up a bunch of data, and if you’re going to link to Wiz, maybe link to their public list of security certifications, many of which prohibit the type of data harvesting you are suggesting.