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Google to buy Wiz for $32B

reuters.com

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Re: Google to buy Wiz for $32B

#671

Post by zifpanachr23 »

aweiher wrote: post #122
tnolet wrote: post #56

For 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 th…

This was the most detailed and helpful explanation of what exactly the deal is with Wiz I think in this whole comment section.

Re: Google to buy Wiz for $32B

#672

Post by zifpanachr23 »

yathaid wrote: post #27

The Trump admin has shown the same attitude as the Biden admin when it comes to mergers. So why do they think the merger will go through this time?

Because the one thing I don't think you can plausibly say about the security software space is that there is a lack of options.

It uniquely seems to be fragmented and messy compared to most other parts of the software industry,(not sure why, just saying what I observe.

So the market situation looks very different to the ones that the DOJ was going after (like Google in ads,if Wiz was a big ad company then maybe the government would be more interested in trying to block it). Wiz isn't even close to having some kind of insurmountably dominant market share in their specific area of expertise either.

Re: Google to buy Wiz for $32B

#673

Post by croes »

jll29 wrote: post #551
weatherlite wrote: post #476

Earlier quoted context omitted.

> Assume 1,000 customers each generating $2m in ARR with contracts. That’s $2 billion. Assume generous 6x ARR valuation, that’s $12 billion. That's the thing , were any numbers released or are we all just gonna speculate here ? What is their growth rate, profit margin etc etc ? How do they fit in Google's business, can current Wiz clients be upsold on GCP more easily now? Can other clients be brought more easily to G…

We all know a lot of people frowned when YouTube was acquired. Now we know that was an excellent deal for Google (now Alphabet), despite being a long bet. Good to have top security talent and good cloud security tooling if you're in a cloud play.

What about the other companies Google acquired?

Re: Google to buy Wiz for $32B

#674

Post by nujabe »

marcus0x62 wrote: post #664
nujabe wrote: post #642

Earlier quoted context omitted.

Delete

> The founders of CrowdStrike—George Kurtz, Dmitri Alperovitch, and Gregg Marston—do not have publicly documented personal connections to Israel. That's the first claim of yours I faield to verify so I won't bother with the rest. I realize reading is a very difficult skill to master, but maybe -- just maybe -- you couldn't verify that "claim" because I never made it.

Delete

Re: Google to buy Wiz for $32B

#675

Post by zifpanachr23 »

ebiester wrote: post #55
amazingamazing wrote: post #19

Google 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.

I just don't think the anti trust case is as strong in the security industry vs. many other parts of the software industry. I don't think a Biden admin would necessarily have jumped to try and block this sort of acquisition either.

Re: Google to buy Wiz for $32B

#676

Post by api »

1oooqooq wrote: post #449
debarshri wrote: post #441

Earlier quoted context omitted.

Thats the kind of a company everyone wants to build in enterprise security. Incognito unicorns. There are many companies like these in security space. Another company I can think of is Rubrik. All these large security companies under the radar success.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

HN is not the entire industry. Not even close. It’s a small subset.

Re: Google to buy Wiz for $32B

#677

Post by msm_ »

ryanSrich wrote: post #540
1oooqooq wrote: post #449

Earlier quoted context omitted.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

If you're in security and you haven't at least heard of Wiz, I have doubts about what you actually do. I'm not saying you have to be a CSPM expert, but not even hearing about Wiz, when they are the largest CSPM, is somewhat concerning.

I am in security for many years now, my main focus is reverse engineering (but I did many diverse things, including cryptography, some exploit development and the opposite, AV work, I did R&D in security automation and some development of security tools and engines).

I never even looked at a CSPM, and from my point of view[1] CSPMs are a tool only relevant for a small part of security teams focused on enterprise cloud security. Today is the first time I heard of Wiz.

edit Actually my partner works in policy/compliance/legal side of security, and I'm pretty sure she never heard of Wiz too.

[1] I wrote this only to stress how different people in the same field can see things differently.

Re: Google to buy Wiz for $32B

#678

Post by rabidonrails »

kobayashi wrote: post #660
1oooqooq wrote: post #449

Earlier quoted context omitted.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

That is totally unfounded. Their book of business is huge. You think Google is paying 32B of shareholder dollars because of a foreign intelligence agency? Keep your conspiracism to yourself.

Wiz is a private company but the street's assumption is $1B/ARR over the next year or so.

Re: Google to buy Wiz for $32B

#680

Post by msm_ »

alephnerd wrote: post #508
1oooqooq wrote: post #449

Earlier quoted context omitted.

most people here are also in security and still haven't heard. It's more likely backroom kickbacks (and/or mossad) than invisible unicorn.

> most people here are also in security No they aren't. I've been a cybersecurity SWE, PM, and VC for a decade at this point and I've almost never found any relevant security or enterprise SaaS related content on HN. For a hot second (around 2018-2019) there was solid conversations around eBPF, io_uring, or cloud posture management, but that doesn't happen on here anymore. Same with MLOps and ML Infra as well - almos…

>I've been a cybersecurity SWE, PM, and VC for a decade at this point and I've almost never found any relevant security or enterprise SaaS related content on HN.

FWIW "here" could mean "in this thread". It's pretty normal (and very visible here) that threads about X attract people working in X. I'm not sure this is happening here, I work in IT security but I clicked the thread because 32B caught my eye.

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