Google closes deal to acquire Wiz

Alex3917

Not to be confused with Google’s existing product called Wiz.

PunchTornado

I don't understand Google's play here. Does it want Wiz to be a unique offer for GCP customers? or they will keep it cloud agnostic?

debarshri

Google SecOps (Chronicle) is becoming quite popular among the cybersec world. I think eventually there should be an integration play. It is also a way to create wedge into AWS and Azure customers.

redbell

Wiz joins Waze & Waymo.. there's something suspicious with the letter W here :)

whobre

For a second I thought it was Woz who was joining Google…

seanieb

Congrats to to the Wiz team. Wiz is amazing. But, ugh, joining Google will result in less competition and all that entails. Not great for customers. It's a pity going public isn't worth it anymore.

kolanos

Didn't this happen a year ago? [0] Or did this deal just take a year? [0]: https://news.ycombinator.com/item?id=43398518

pbiggar

As I mentioned at the time, the Wiz acquisition is the largest transfer of Israeli intelligence operatives into Big Tech in history. Here's my full thread on it: https://x.com/paulbiggar/status/1902329587050148068

love2read

Extra shade thrown at MoltBook (listed first) which was recently acq by Meta.

pbiggar

Good time to remember that Wiz' VC was accused of paying bribes to CISOs to buy their portfolio's software (of which Wiz is one). https://www.forbes.com/sites/iainmartin/2024/10/28/this-vc-b... > Two security executives told Forbes they rejected overtures from Raanan’s team after hearing about the firm’s “menu” of compensation. “I was completely aghast. It was against my principles,” one said.

StartupsWala

The interesting part is that Wiz built its success largely on being cloud-agnostic. If Google keeps it that way, it becomes a strategic window into AWS and Azure workloads. If they don’t, they risk destroying the very advantage that made Wiz valuable in the first place.

tptacek

This is the announcement of the completion of an acquisition that began a year ago.

vvpan

No reactions beside: monopolies are bad for innovation and why we cannot have nice things. You might hear some people say "but these big companies innovate". They were mostly done innovating two decades ago, now they just snuff out innovation and acquisition is one of their main tools.

aerodog

Wasn't this acquisition just a bit money laundering operation from Israel?

bojangleslover

Didn’t this happen a long time ago?

85392_school

This isn't a new observation [0] but this means Google will now have two Wizes, since Wiz is also the name of their internal web framework [1]. [0] https://news.ycombinator.com/item?id=43399077 [1] https://news.ycombinator.com/item?id=41092039

myth_drannon

Interesting fact regarding the sale. Because the founders are about to receive $2.4B US, Israeli tax authorities got involved, and the tax on the sale as an exception will be paid in US dollars directly without converting to shekels due to concerns it might crash the US/NIS exchange rate (with $US already historically low).

hollow-moe

Joins the graveyard in 6 months tops

sass_muffin

Are they going to call it G-Wiz?