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Comment by kamranjon | Hacker News Reader

I’m just curious if anyone here has actually heard of this company before this announcement? If you have, what is your opinion on this acquisition?

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Almost any infosec professional whose company uses an IaaS provider (AWS, GCP, Azure, etc) has heard of them. They are probably the most notable tool for assessing your "Cloud Security Posture". It basically looks at your cloud configuration and alerts you for security issues caused by mis/sub-optimal configurations. It also identifies vulnerabilities, software updates, permissions issues, etc.

I'm sad they're being acquired, especially by a FAANG company. This constant consolidation is bad for IT (and the economy in general). I am happy for the employees holding shares though!

They are huge in the cybersecurity space, led by veteran founders, solve real problems, fastest growth to $100M ARR in the history...

In cybersecurity history or the history?

In history - until Cursor, so like 6 months ago they still held the record.

Cursor, the AI code editor? They have $100 million in ARR??

So it would seem: https://sacra.com/research/cursor-at-100m-arr/

they are selling tons of enterprise subscriptions = $$$

Growing up in the NYC area this is what I think of when someone says the wiz https://en.wikipedia.org/wiki/The_Wiz_(store)

I have 'wiz' lights in my place - home-networked lighting system. Which works. Well. For me....so glad g hasn't acquired them.

I also thought at first that G acquired the budget smart bulb company but then I realized it’s “WiZ” and not “Wiz”.

https://www.wizconnected.com/en-us

>> Growing up in the NYC area this is what I think of when someone says the wiz https://en.wikipedia.org/wiki/The_Wiz_(store)

Growing up in NYC, it is was impossible to not remember the "Nobody Beats the Wiz" jingle

As a fan of British comedy, this is what I think of when I hear wiz: https://en.wiktionary.org/wiki/wiz#Etymology_2

We've been using them for 2-3 years. Excellent.

[narrator]: Excellent, until now! Soon, their beloved cloud infra security scanner will to be sucked dry of all the juicy usage data on AWS and Azure customers, bled of its innovation, to be discarded in a few years time...

I like it too. Don't care much for google buying them, it can only end badly.

Last Kubecon / Cloudnative Con they had a HUGE stand. Hard to miss them if you are in this space.

I've seen them at trade shows and heard good things. I had also heard that Google tried buying them last year but it didn't go through, I'm curious about how/why they did it now

What I read is that last year they weren't sure yet if they wanted to go public instead, but the current financial climate isn't good for going public so they went for an acquisition instead.

Yes. We use them for container vulnerability scanning - maybe other things as well.

I've used wiz in a previous job. Its a good product. I don't know if they invented disk snapshot based security scanning, but they certainly popularized it.

Companies like CrowdStrike have copied a lot of what Wiz has been doing (and I'm sure wiz has copied some CrowdStrike features).

This announcement is pretty disappointing to me. I would have more faith in Wiz as an independent company than as part of Google. I expect their innovation to fall off a cliff.

didn't they try to do this several months ago?

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