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RE: LeoThread 2024-07-23 11:13

in LeoFinance4 months ago

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

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 the support of investors has opted to remain independent, the person said.

#newsonleo #wiz #google #technology