Quotes
Large acquisition strategy is back on the menu for VC-backed companies,
Haller said
It's going to be a great litmus test and bellwether for M&A in 2025,
said Brad Haller, senior partner for mergers and acquisitions at consulting firm West MonroeIt's a buy. I like Google. I think it's here to stay. Google is not going anywhere, they have a huge moat. I like the fact that they're down 20% in the last month,
Ados saidThis is an established company for years. It's competing in a very competitive environment with e-commerce companies like Amazon,
Ados saidIt's a buy ... the company is down 80% since their Covid highs. It's attractively priced, we believe,
Ados saidWe like also the Wiz acquisition,
she continuedOnce this happens, that's going to be a major catalyst for the fintech space and most importantly, for the buy-now-pay-later category,
she said
With Wiz, we believe we will vastly improve how security is designed, operated and automated, providing an end-to-end security platform for customers to prevent, detect and respond to incidents across all major clouds,
Kurian said
While the merger & acquisition environment has been extremely quiet to start the year, we believe that this acquisition will open the door to a massive wave of M&A across the tech landscape,
Ives said in a noteWiz and Google Cloud are both fueled by the belief that cloud security needs to be easier, more accessible, more intelligent, and democratized, so more organizations can adopt and use cloud and AI securely,
Wiz CEO Assaf Rappaport said in a blog post
With Lina Khan gone at the FTC…the M&A engines are back underway in Big Tech,
Dan Ives, global head of technology research at Wedbush Securities, wrote in a note to clients on Tuesday
Saying no to such humbling offers is tough,
Wiz co-founder Assaf Rappaport wrote to employees at the time in a memo obtained by CNBC.jpg)
Today, businesses and governments that run in the cloud are looking for even stronger security solutions, and greater choice in cloud computing providers,
Sundar Pichai, Google’s chief executive, said in a statement
This acquisition will bolster our mission to improve security and prevent breaches by providing additional resources and deep A.I. expertise,
Assaf Rappaport, the chief executive of Wiz, said in a statementMulticloud is something our customers want. Our commitment to multicloud means that new IT projects an organization does with Google Cloud can work with their existing IT investments, and allows them to choose different vendors for products in the future. Customer don’t want to be locked into one vendor.”
During an investor call on Tuesday, Kurian
He has much more credibility with enterprise customers,
says MillerGoogle Cloud and Wiz share a joint vision to make cybersecurity more accessible and simpler to use for organizations of any size and industry,
he said in a statement todayThe increased role of AI, and adoption of cloud services, have dramatically changed the security landscape for customers, making cybersecurity increasingly important in defending against emergent risks and protecting national security,
Google noted in its announcement todayThat Google feels able to contemplate big M&A again seems big in itself,
said one sourceGoogle Cloud has always been a bit of a mystery when it comes to their position in third place in cloud infrastructure market share,
former TC writer Ron Miller tells TC today