![Wiz Rejects $23 Billion Acquisition Deal with Google, Plans IPO](/content/images/size/w600/2024/07/ac456d2b-6f55-4dee-bdbc-3caab4f11d95.png)
Finance
Wiz Rejects $23 Billion Acquisition Deal with Google, Plans IPO
Wiz, a cloud security startup valued at $12 billion, has decided against proceeding with a $23 billion acquisition by Google. CEO Assaf Rappaport communicated the decision to employees via an internal email, stating the company's next goals are to reach $1 billion in annual recurring revenue and to