Cloud security startup Wiz walks away from $23B Google acquisition on antitrust concerns: report

Cloud security startup Wiz has reportedly walked away from talks to be acquired by Google parent Alphabet for $23 billion – a deal which would have been the search giant’s largest acquisition to date.

Prominent real estate investor says Democratic Party 'no longer about regular people': 'We've been lied to for four years'How Walt Disney World is trying to make amends with unhappy guests Alphabet’s cloud unit reached profitability in 2023 after years of financial investments, according to CNBC. The Wiz founders’ previous startup, security company Adallom, was backed by Sequoia and Index before being acquired by Microsoft for $320 million in 2015.

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Cyber security startup Wiz reportedly rejects $23B acquisition proposal from GoogleWiz, 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
Source: ABC - 🏆 471. / 51 Read more »

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from GoogleWiz, 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.
Source: AP - 🏆 728. / 51 Read more »