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Israeli Startup Wiz Rejects Google’s $23 Billion Bid, Plans for Public Offering

Israeli cybersecurity startup Wiz has reportedly terminated discussions with Alphabet Inc. regarding a significant acquisition deal valued at $23 billion. If completed, this transaction would have marked the largest acquisition in Google’s history. In a memo obtained by Reuters, Wiz CEO Assaf Rappaport shared that the company intends to pursue an initial public offering (IPO) instead, with a…
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