Israeli cybersecurity startup Wiz ends talks with Google on $23 billion deal | Business

Category: Business

Wiz has terminated discussions with Alphabet regarding a $23 billion acquisition, opting instead to pursue an IPO and focus on achieving $1 billion in annual revenue. CEO Assaf Rappaport emphasized the company's commitment to independence and growth in the cybersecurity sector, despite the allure of the acquisition offer.

Keywords: Wiz, Alphabet, cybersecurity

Source: CNN

Update At: 7/24/2024

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