Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

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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. Wiz’s © 2024 TechCrunch. All rights reserved. For personal use only.

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