Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google

  • 📰 AP
  • ⏱ Reading Time:
  • 31 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 51%

Alphabet 뉴스

Inc.,Information Security,California

Wiz, a cloud security firm based in New York, has rejected a proposed $23 billion acquisition deal offered by Google parent Alphabet, according to a Wiz memo seen by CNBC. Wiz CEO Assaf Rappaport said the company would now focus on an initial public offering.

NEW YORK — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen

Acquisition talks between companies can be very unpredictable — and, especially in today’s world of Big Tech, often open the door for antitrust concerns.Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year That current pecking order may have given the Mountain View, California company some wiggle room to help knock down any potential red flags raised by regulators. Still, Google is no stranger to competition concerns. The main pillars of the tech giant’s empire — internet search and digital advertising — have become so prominent that the U.S.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 728. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인