Google’s $32 billion acquisition of the Wiz cyber security firm last week was its biggest ever.
Other than that it’s worth noting, first, that Wiz’s four founders all served together in Israel’s Unit 8200, which trains IDF soldiers in what used to be called signals intelligence.
Second, these founders had already made $320 million between them selling an earlier cyber-security firm to Microsoft.
And third, Wiz launched at the start of Covid, which seemed like bad timing until corporates all over the world took their business online and into the cloud and urgently needed protection.
Not only that, as Ben Cohen notes in the WSJ, the pandemic unexpectedly meant meetings that would have taken weeks to set up took days or hours. “They suddenly could meet anyone, anytime.” What was the problem with WFH again?