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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 the quarter for the first time. That had to take the sting out of losing out on its second potential …

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Continue Reading... It took some serious nerve for Wiz to walk away from Google’s $23B offer
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Israeli cybersecurity startup Wiz ends talks with Google on $23 billion deal – CNN

Israeli cybersecurity startup Wiz ends talks with Google on $23 billion deal  CNN Wiz turns down $23 billion Google deal, says it’s aiming for IPO  Yahoo Finance Google’s Aborted Deals Show Antitrust’s Long Shadow Over Tech  Bloomberg Source link Israeli cybersecurity startup Wiz ends talks with Google on $23 billion deal – CNN #Israeli #cybersecurity #startup #Wiz #ends …

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Continue Reading... Israeli cybersecurity startup Wiz ends talks with Google on $23 billion deal – CNN
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Google’s $23 Billion Deal With Wiz Is Off. Here’s What Happens Next.

Google’s big cybersecurity deal looks to be off the table with a report that talks have broken down with start-up Wiz. It’s a development that puts more pressure on the search giant to show growth in its cloud-computing division.  Alphabet unit Google’s talks to acquire Wiz for a planned $23 billion have fallen apart, The …

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Continue Reading... Google’s $23 Billion Deal With Wiz Is Off. Here’s What Happens Next.
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Wiz Walks Away From $23 Billion Google Bid

Google’s bid to buy cybersecurity company Wiz for $23 billion reportedly has fallen through, with one of the startup’s co-founder and CEO saying in an internal memo that it will now pursue an IPO instead. The proposed deal would have been the largest acquisition by Google parent company Alphabet. Instead, Google executives will have to …

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Google’s $23 billion takeover talks with Wiz fizzle out

(Alamy/PA) What was set to be Google’s biggest-ever acquisition appears to have fizzled out after the tech giant’s $23 billion (£18 billion) takeover talks with Israeli cybersecurity firm Wiz were called off. Wiz CEO Assaf Rappaport said the company took the decision to end discussions in order to return to its original plans for an …

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Wiz turns down Google’s $23B acquisition deal – report (NASDAQ:GOOG)

Alena Kravchenko/iStock Editorial via Getty Images Cybersecurity startup Wiz walked away from a $23B acquisition deal with Google’s parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), according to a CNBC report that cites an internal company memo. The $12B cloud security startup will instead pursue a public offering as previously planned. “Saying no to such humbling offers is tough,” …

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Continue Reading... Wiz turns down Google’s $23B acquisition deal – report (NASDAQ:GOOG)
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Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart – The Wall Street Journal

Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart  The Wall Street Journal Wiz turns down $23 billion Google deal, says it’s aiming for IPO  Fortune Google’s $23 Billion Plan to Buy Cybersecurity Start-Up Wiz Falls Apart  The New York Times Source link Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart – The Wall Street Journal #Google …

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Continue Reading... Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart – The Wall Street Journal
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Rumor: Google to Acquire Wiz for a Historical $23 Billion

Google’s parent company, Alphabet, is in advanced discussions to acquire the rapidly growing cybersecurity startup Wiz for approximately $23 billion, according to a source familiar with the matter. This potential acquisition would be Google’s largest to date, underscoring the company’s significant investment in cybersecurity. Google’s Major Bet on Cybersecurity Wiz specializes in cybersecurity software for …

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Google’s talks to buy Wiz, and the gap between AI spending and AI revenue

On today’s episode of Equity, Rebecca Bellan explored Google’s reported talks to acquire Wiz, a cloud security company, for around $23 billion. Wiz provides an “all-in-one approach to cloud security,” pulling data from Amazon Web Services, Microsoft Azure, Google Cloud and others, then scanning it all for security risk factors — something that Google might …

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Continue Reading... Google’s talks to buy Wiz, and the gap between AI spending and AI revenue
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Google acquisition target Wiz another fruit of Israel’s military intelligence By Reuters

By Steven Scheer JERUSALEM (Reuters) – An elite Israeli military intelligence unit may once again be about to prove its value to the nation’s tech economy as Google’s parent eyes cybertech company Wiz for an eyewatering $23 billion. Alphabet (NASDAQ:) Inc , a person familiar has said, is in advanced talks to buy Wiz from …

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Continue Reading... Google acquisition target Wiz another fruit of Israel’s military intelligence By Reuters