Wiz Walks from Google Deal 7/23/24
- Author
- CNBC
- Published
- Tue 23 Jul 2024
- Episode Link
- https://www.cnbc.com
The cloud security startup Wiz is now walking away from a monster $23B deal to be bought by Google, telling employees it'll opt instead to pursue an IPO. Anti-trust and investor concerns also reportedly played a factor, which could signal a win for Jonathan Kanter, Lina Khan and even JD Vance.
