Wiz rejects Google’s $23 billion takeover in favor of IPO

The Verge
By Jess WeatherbedJul 23, 2024, 4:44 am178 pts
Wiz reportedly abandoned the deal over antitrust and investor concerns. | Illustration: The Verge Cybersecurity startup Wiz has turned down a $23 billion takeover bid from Google’s parent, Alphabet, breaking off what would have been the largest acquisition in the search giant’s history. In an internal memo…

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