Google's $23bn Wiz bid fizzles

Startup cites antitrust and investor concerns

John Leonard
clock • 1 min read
Google's $23bn Wiz bid fizzles
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Google's $23bn Wiz bid fizzles

Israeli cloud security startup Wiz has turned down a $23 billion acquisition offer from Google.

Instead, the startup, co-founded in 2020 by CEO Assaf Rappaport, will seek to go public, as it had planned before Google showed an interest, aiming for recurring revenues of $1 billion per year. ...

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