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Why Wiz rejected Google’s $23 billion acquisition offer

  • Wiz, a cloud security company, rejected Google's $23 billion acquisition offer.
  • Wiz CEO, Assaf Rappaport, declined the acquisition to pursue the company's rapid growth trajectory and aim for an IPO.
  • Maintaining independence allows Wiz to focus on long-term objectives and quickly adapt to customer needs and market dynamics.
  • By rejecting the offer, Wiz positions itself as a potential leader in the growing cloud security market.

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