Israeli company Wiz walks away from Google’s $23B acquisition offer

Amazing stuff! A few days ago, I blogged here about Google's offer.

"Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person said.

Wiz’s CEO, Assaf Rappaport, sent an email to Wiz’s 1200 employees around the world, writing that, “Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice.” ..."

Wiz walks away from Google’s $23B acquisition offer: Read the CEO's note to employees | TechCrunch Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions.