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Google to buy Wiz for $32B

reuters.com

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Re: Google to buy Wiz for $32B

#841

Post by heraldgeezer »

maybelsyrup wrote: post #823
alephnerd wrote: post #602

Earlier quoted context omitted.

Ik. I have friends from Haifa, Nazareth, and Beersheba. There isn't an easy way to write Israel, Israeli Arab, Palestinian Arab, and non-Palestinian Arab. My point is, anyone who isn't Israeli (be they Mizrahi, Ashkenazi, Ethiopian, Arab, Druze, Chechen, etc) or Palestinian should stfu (me included). You have wackos saying "Israel is a fake state" or "raze Gaza into a parking lot". Yet if you talk to an actual Israel…

> My point is, anyone who isn't Israeli (be they Mizrahi, Ashkenazi, Ethiopian, Arab, Druze, Chechen, etc) or Palestinian should stfu (me included). On the contrary: for the vast sums of money and military power we contribute to keep the lights on over there, US citizens should have two or three votes each in Israeli elections and free airfare to and lodging in the country. Oh, and access to their quite generous heal…

Anti-semetic talking point, nice. From an american too. Wow. I keep seeing this talking point, but the money to Israel is nowhere near to fund healthcare. You are just lashing out like a little rat.

Re: Google to buy Wiz for $32B

#842

Post by megous »

marcus0x62 wrote: post #350
majestik wrote: post #318

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…

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.…

I trust open source code I can see and compile and control. :)

How is "trusting wiz" (trusting some icons on website controlled by wiz leading to publicly inaccessible reports, half of which are done by a single company somewhere in Florida) related to what Google might do with it after aquisition?

Re: Google to buy Wiz for $32B

#843

Post by MotiBanana »

pbiggar wrote: post #796
drdrek wrote: post #789

Earlier quoted context omitted.

[flagged]

I think you might be missing the scale of the destruction and oppression of Palestine by Israel. Just look at what they did to Gaza https://www.bbc.com/news/world-middle-east-20415675

Lol, two peoples fighting for decades, here's a link to BBC to show you Israel are actually the bad guys

Re: Google to buy Wiz for $32B

#844

Post by underdeserver »

Thorrez wrote: post #59
eitally wrote: post #7

Imho, and as a xoogler who's been in Google Cloud's ecosystem the past few years, Google Cloud's three big focus areas have been AI (this is an evolution from their historical focus on data, then also analytics), Distributed Cloud (Anthos++) and security (post the Mandiant acquisition). They'll never be able to compete on base infra, given their late entry into the game, lack of presence in certain markets, and the l…

>and security (post the Mandiant acquisition) As a Googler who works in GCP security, security has been a key differentiator for GCP long before the Mandiant acquisition. Google invented BeyondCorp (a primary driver of Zero Trust). Google helped create security keys (U2F, FIDO, Webauthn), and was I think the first major company to adopt them, both for employees, and for consumers. Google was one of the first major co…

These are all Google things. How do I benefit from them as a GCP customer?

Re: Google to buy Wiz for $32B

#845

Post by yakkomajuri »

twakefield wrote: post #831
yakkomajuri wrote: post #820

Extracting this from my comment on a subthread to add color to the discussion here. They announced in a blog post that they went from $1m ARR to $100m ARR in 18 months (Feb 2021 -> July 2022). [1] Reuters in the article posted here reports they were at $500m ARR when they last raised in mid-2024, meaning they went from $100m to $500m in around 2 years. One would thus speculate they are likely a few hundred million ab…

> particularly given it's all-cash, which Google doesn't even have GOOG's latest balance sheet showed $96B in cash.

Sorry. I pulled my figure from the article in the post which claims "Google had $23.47 billion in cash and cash equivalents as of Dec. 31, implying it might have to seek financing for the deal."

Re: Google to buy Wiz for $32B

#846

Post by Suppafly »

coliveira wrote: post #266
czk wrote: 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…

These companies are the closest you can get to a legal mafia, they are effectively charging companies around the world to keep them "safe". In other words, a job that is traditionally considered to be a basic service of the government is now being privatized by people that nobody knows if we can really trust.

I do wonder how long it'll be until we uncover some scandal showing that the security companies are also the ones creating exploits.

Re: Google to buy Wiz for $32B

#847

Post by ponty_rick »

mattlutze wrote: post #126
_countzero_ wrote: post #98

This 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.

The issue is a lot of customers are going to run away from Wiz now, due to all the Google uncertainty.

Re: Google to buy Wiz for $32B

#848

Post by ponty_rick »

dingody wrote: post #702

I believe that ‘cloud-neutral’ companies like Wiz must ensure their neutral positioning in order to gain support from various cloud providers. I strongly doubt the willingness of cloud providers like AWS and Azure to cooperate in the future. Google is not only making a major business gamble but also testing the waters in terms of antitrust and judicial challenges.

I can see how Microsoft and AWS would now favor Wiz competitors now (Orca, Palo, Crowdstrike etc)

Re: Google to buy Wiz for $32B

#849

Post by FuriouslyAdrift »

alephnerd wrote: post #513
manquer wrote: post #505

Earlier quoted context omitted.

> It is not so mossad-y. Would we (i.e. anyone not in the intelligence space) know how intelligence service-y software would look like ? . Aren't all such organizations trained and designed to be inconspicuous and in places we are unlikely to expect.

Mossad aren't the guys doing cyber ops in Israel. They're suave arsim (how else can you blend in Beirut or Tehran). Also, if you've worked with Israeli government cybersecurity teams, they aren't much different in caliber from the kind you'd find at the NSA, GCHQ, or Netherlands.

Unit 8200 is cyber ops and the main people of this company are all from that unit.

https://undercodenews.com/from-idf-intelligence-to-a-2b-goog...

https://en.wikipedia.org/wiki/Unit_8200

Re: Google to buy Wiz for $32B

#850

Post by FreakLegion »

marcusb wrote: post #793
FreakLegion wrote: post #688

Earlier quoted context omitted.

Microsoft is the Microsoft of the enterprise security market, more or less. They completely dominate email, largely dominate identity, have a plurality if not a majority on endpoint, but don't compete in network. > The industry slowly converged on EDR as the sort-of successor to endpoint AV budgets. This was a dedicated effort by CrowdStrike working with analysts back in 2017-2018. EDR capabilities themselves, intere…

> Microsoft is the Microsoft of the enterprise security market, more or less. They completely dominate email, largely dominate identity, have a plurality if not a majority on endpoint, but don't compete in network. The most recent figures I’ve seen are that Microsoft has around 25% of the endpoint market[0], which is a plurality because the market is so fragmented. Proofpoint claims around 24% of the email security m…

> Proofpoint claims around 24% of the email security market

Proofpoint is the clear number two, but Microsoft always sits behind Proofpoint (and Mimecast, IronPort, etc.). They're also always in front of Abnormal and other API-only options. Every big company has E5 with Defender for Office 365 on their email, and the rest either still have E5 or they have EOP.

> That’s one interpretation of events.

In 2017 EPP and EDR were distinct categories, and CrowdStrike had a big internal initiative (driven top-down by Kurtz, but managed by a PM director under Rod Murchison) to merge them, while Cylance and others that had separate SKUs for each area worked to keep them apart. CrowdStrike was more effective.

I mentioned this because it wasn't just a natural market convergence; B2B companies spend absurd amounts of money with the Gartners and Forresters of the world to align their products with line items in budgets. It's capitalism all the way down.

Not speculating on anything here. I was at or worked closely with all of the companies mentioned in both posts.

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