Wiz rejects Google’s $23 billion takeover in favor of IPO ...Middle East

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Wiz rejects Google’s $23 billion takeover in favor of IPO
Cybersecurity startup Wiz has turned down a $23 billion takeover bid from Google’s parent, Alphabet, breaking off what would have been the largest acquisition in the search giant’s history. In an internal memo seen by CNBC, Wiz co-founder Assaf Rappaport said the company would instead pursue an initial public offering.  “Saying no to such humbling […] The post Wiz rejects Google’s $23 billion takeover in favor of IPO appeared first on NY Times News Today.

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