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

ID: 76b1e28c-1143-543c-adbc-8e6f6a00ed99

STIX ID: report--76b1e28c-1143-543c-adbc-8e6f6a00ed99

Feed Name: TechCrunch Security News

Date Published: 2024-07-23

Date Updated: 2026-04-23

Author: Marina Temkin

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Cybersecurity startup Wiz declined a reported $23 billion acquisition offer from Alphabet, opting to remain independent and focus on reaching $1B ARR and preparing for an IPO; CEO Assaf Rappaport communicated the decision to the company via email, crediting strong team performance and market validation.

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