Why did Wiz walk away from $23 billion?
As widely reported, Wiz recently said no to a $23 billion acquisition offer from Google. At that price, it would have been Google’s biggest acquisition ever. It’s possible the Google team got cold feet during…
wiz
It took some serious nerve for Wiz to walk away from Google’s $23B offer
Google had good news and bad news last week. The good news was that the cloud division — including Google Workplace software as a service and Google Cloud infrastructure services — made $10 billion for…
Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees
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…
Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could…
Google’s Kurian approached Wiz, $23B deal could take a week to land, source says
Alphabet, Google’s parent company, is in advanced talks to acquire Wiz for $23 billion, a person close to the company told TechCrunch. The deal discussions were previously reported by the Wall Street Journal. Wiz, a…
Google reportedly in talks to acquire cloud security company Wiz for $23B
Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in advanced talks to acquire Wiz for around $23 billion. While the…
Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of…
Wiz is in talks to buy Lacework for $150-200M; security firm was last valued at $8.3B
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to…