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, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

from TechCrunch https://ift.tt/iz09FOm