The CEO of Wiz, reportedly exploring a $23B acquisition with Alphabet, says cybersecurity consolidation is 'truly in its infancy'
Briefly

First and foremost, I think consolidation in the security market is truly in its infancy... consolidating all their security measures into one platform is actually safer for them.
It's too fragmented, we're going to see the consolidation... founders are willing to look at alternatives, apart from an IPO, for an exit.
Rappaport credited his company's growth to the COVID pandemic in 2020... companies moved their businesses online and to the cloud, offering a boon for companies that specialize in safeguarding data that is stored there.
I prefer to be predictable and knowing where we're going... It's great to be fast. But I prefer to be predictable and knowing where we're going.
Read at Fortune
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