Wiz to Pursue IPO as It Walks Away From $23 Billion Google Deal
July 23, 2024 at 03:51AM Israeli cloud security company Wiz rejects a $23 billion offer from Alphabet, choosing to pursue an IPO as originally planned. Antitrust and investor concerns led to the deal’s collapse. Backed by venture capital firms, Wiz aims for an annual recurring revenue of $1 billion and focuses on its cloud security … Read more