July 15, 2024 at 12:43AM
Microsoft, Oracle, Cisco, and SAP lead in OSes, databases, networks, and ERP. Google is reportedly set to acquire Wiz, a startup with strong security products and services, for $23 billion. This could position Google as a major player in cybersecurity, potentially challenging its rivals’ dominance in the field.
From the meeting notes, it is clear that Google is in talks to acquire the infosec upstart Wiz for $23 billion, which would be the largest-ever sum its parent company Alphabet has paid for an acquisition. This potential acquisition is significant as it would give Google Cloud a strong portfolio of security products and services, potentially positioning it closer to a position of security strength that its rivals currently don’t have.
The acquisition of Wiz along with Mandiant would potentially set Google apart in the security market, as it would have a diverse portfolio based on the security market itself, rather than just being part of a cloud services portfolio. While claiming to be the world’s top security vendor would be challenging due to the breadth of the portfolios of other companies, this move could potentially solidify Google’s position in the security market and differentiate its approach to both cloud and security.
It is also noted that while Google may not have the natural first choice for certain markets, such as containerized apps, or the undisputed leadership of the cloud-native IaaS market, the acquisition of Wiz could potentially bolster its position in the security market.
In conclusion, the potential acquisition of Wiz by Google could significantly impact its portfolio of security products and services, possibly elevating its position in the security market in the future.