Monday, July 22, 2024

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with support of investors have opted to remain independent, the person said. Wiz’s CEO, […]

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