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Google to buy Wiz for $32B

reuters.com

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Re: Google to buy Wiz for $32B

#371

Earlier quoted context omitted.

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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?

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Re: Google to buy Wiz for $32B

#372
post #256

> Wiz has raised a total of $1.9 billion from a combination of venture capital funds and private investors > Wiz agreed to acquire Tel Aviv-based Raftt, a cloud-based developer collaboration platform, for $50 million in December 2023. In April 2024, the company acquired cloud detection and response startup, Gem Security, for around $350 million > Wiz was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy…

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They built the core CSPM module themselves. And, yes, their customers really do exist and really do love the product. What they particularly liked was the alert fidelity - most other cloud security vendors back when Wiz started required a host agent to provide a similar level of assurance a given alert was real, whereas Wiz would do offline volume scanning.

Just because you aren’t the target market for something doesn’t mean it isn’t real or valuable.

Source: used to compete against them. I no longer have any dog in this fight.

Re: Google to buy Wiz for $32B

#373

This 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…

The top three topics of batshit conspiracy theory supported by precisely zero actual evidence:

1) Hidden cabals colluding in secret to control world events.

2) Extraterrestrial beings live among us secretly controlling world events.

3) Google illegally steals private data to secretly control world events.

Re: Google to buy Wiz for $32B

#375
post #340
post #337

Earlier quoted context omitted.

> actually outrageous claim that Google will use this to illegally siphon customer data Hypothetical question as much as anything: If Google purchases a company and the data the company stores about their customers, is it illegal for them to use this data for whatever they want? Lets say it would give them an understanding of what features from AWS people tend to use the most, and they use that to improve Google Clou…

yes, due to privacy and contract obligations as well as this is the surest way for GCP to spectacularly commit suicide

Unless you're talking about some specific Wizcustomer contracts, how do you know?

AFAIK, there are no explicit laws forbidding that. Maybe you could share what law you think this would be breaking?

Re: Google to buy Wiz for $32B

#376

Earlier quoted context omitted.

Presumably it's a reference to the fact several of the founders are Unit 8200 alumni, which is part of Israeli intelligence. It's not the same as Mossad, though. As I understand it, Unit 8200 is the Israeli equivalent of the NSA, and Mossad is their CIA.

If you have a problem with Unit 8200 alumni, you’re going to have a difficult time buying commercially available security products. Palo Alto Networks, Armis, Checkpoint, and many others were either founded by or otherwise have former 8200 folks on staff. Then there’s crowdstrike, founded by a Russian. Or Fortinet, which was founded by Ken Xie (born in Beijing.) I guess you could base your entire security stack on F…

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Re: Google to buy Wiz for $32B

#377

Earlier quoted context omitted.

I sounds insane to me number wise too. Even growth stocks have about 5x the price to revenue.

> Even growth stocks have about 5x the price to revenue. A PE of 5 is not a growth stock - that’s the kind of PE you’d see on a barely surviving mid-cap in decline…. The combined PE of the S&P500 is in the low to mid 30s these days!

>A PE of 5 is not a growth stock

PE is not the same as PS (price to sales or revenue). Startups and growth companies are often valued by PS since they have revenue growth, but are often not yet turning a profit (making their PE < 0).

Re: Google to buy Wiz for $32B

#378
post #88

Earlier quoted context omitted.

Probably the entire company's purpose is to gain access to secrets. Anyway, Chomsky claims that there's 0 distinction between USA and Israel, so if you see it from that point of view, it makes little difference.

A dumb conspiracy theory. Israel has mandatory conscription (barring some cases), and many of the smart ones are recruited into Unit 8200. It's not surprising that they go on to start cyber companies once conscription ends, given that's a major focus of the Unit.

"conspiracy". When you meet employees of such companies they brag about it and sometimes even do special tricks through their contacts to impress you.

Re: Google to buy Wiz for $32B

#379
tbh all of this sounds extremely suspicious. nothing they do google can't do, market share is not there for $32B, it's a couple of years old company. If it's not money laundering, which I presume it's not, what is it? It doesn't make any sense.

Re: Google to buy Wiz for $32B

#380

Earlier quoted context omitted.

The difference doesn't matter for the purpose of this thread. The comment was crude, inappropriate, and unnecessarily political.

I agree. The comment that equated an intelligence service with a religion was crude, inappropriate and unnecessarily political. It is downright shameful to invoke the very real phenomenon of religious persecution as a way to discourage mere mention of a specific, relatively small intelligence organization.

antisemitism was often driven by race and not religion

germans in the holocaust murdered jews that had converted to christianity or simply had a jewish parent or grandparent

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