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Google is close to making its biggest acquisition ever | CNN Business

Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

sandalbucket ,

Wiz scans clouds for “vulnerabilities”, and sometimes provides remediation advice. For example, if a vm’s kernel is outdated, it might recommend “sudo dnf remove —purge kernel”. And yeah, there sure won’t be any vulnerabilities after that.

It also complains about anything internet facing - including intentionally internet facing services - but that’s another rant for another time.

Ok_imagination ,

From what we’ve seen with Wiz. It’s hard to beat their cloud and container security. I hope this sell doesn’t go through, we’ll likely have to switch from them as a Microsoft shop

tiefling ,

Oh goodie, another round or three of layoffs

some_guy ,

They should not be allowed to continue hoovering up companies. They have more than enough resources to break into new and existing markets from scratch. Allowing them to acquire additional companies and talent erodes competition.

FiniteBanjo ,

Sounds like it’s time for congress to take discussion of dissolving Alphabet a lot more seriously.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

Not that I want this to happen, but cybersecurity is probably a far better investment than AI will ever be.

satanmat ,

Internal security is almost always seen as a cost, rather than as an asset.

So you frequently see a “we have a firewall; let’s cut those jobs and save the money “

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

It was more of a comment about how many millions they have wasted on AI with very little to show for it. At least they have a chance of better protecting themselves by acquiring this. They probably won’t, but it’s still more likely to help them out than what they gave to Reddit.

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