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Wiz walks away from $23 billion deal with Google, memo says

By Thomson Reuters Jul 22, 2024 | 9:48 PM

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

(Reporting by Shivani Tanna in Bengaluru and Steven Scheer; Editing by Rashmi Aich)