Google taking a BIG bet on Wiz #cybersecurity #technews #hackernews #cloudcomputer @endingwithali

Summary: The video discusses Google’s acquisition of Cloud security company Wiz for billion in cash. Initially, Google offered billion for Wiz in the summer of 2024, but the deal fell through. It is speculated that Google will integrate Wiz into its Cloud security offerings for GCP. The video highlights Google’s history of acquiring security firms and questions the long-term implications of this significant investment.

Keypoints:

• Google has acquired Cloud security company Wiz for billion in cash.
• Originally, Google offered billion for Wiz in summer 2024, which was declined.
• Rumors suggest Wiz will be integrated into Google’s Cloud security services for GCP.
• Google has a history of acquiring security companies, such as Mandian for .4 billion in 2022.
• Mandan operates as a separate entity under the Google Alphabet umbrella.
• The acquisition represents a substantial investment, with Google Cloud’s estimated revenue at billion in 2024.
• The video encourages viewers to share their thoughts on whether this acquisition will pay off for Google.