Wiz walks away from Google's $23B acquisition offer: Read the CEO's note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions.Despite the offer representing a substantial premium over its last private valuation of $12 billion,Wiz’s management team with support of investors have opted to remain independent, the person said.Wiz’s CEO, Assaf Rappaport, sent the following email to Wiz’s 1200 employees around the world:Wizards,I know the last week has been intense, with the bu ...