Cybersecurity startup Wiz walks away from $23b deal with Google

Cybersecurity startup Wiz walks away from $23b deal with Google

FILE PHOTO: A drone view shows the Google logo on a building after the launch of Google El Salvador in San Salvador, El Salvador, April 16, 2024. REUTERS/Jose Cabezas/File Photo

Cybersecurity startup Wiz has walked away from a reported $23 billion deal to be acquired by Google-parent Alphabet and has chosen to pursue an initial public offering as it initially planned, according to a Wiz memo seen by Reuters.