{"id":836120,"date":"2024-07-23T09:50:52","date_gmt":"2024-07-23T04:20:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836120"},"modified":"2024-07-23T09:57:49","modified_gmt":"2024-07-23T04:27:49","slug":"cybersecurity-startup-wiz-cancels-23-bn-deal-with-google-plans-for-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/23\/cybersecurity-startup-wiz-cancels-23-bn-deal-with-google-plans-for-ipo\/","title":{"rendered":"Cybersecurity startup Wiz cancels $23 bn deal with Google, plans for IPO"},"content":{"rendered":"<p>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, according to a Wiz memo seen by Reuters.<\/p>\n<p>&#8220;While we are flattered by offers we have received, we have chosen to continue on our path to building Wiz,&#8221; CEO Assaf Rappaport said in the memo, without naming Google.<\/p>\n<p>&#8220;Let me cut to the chase: our next milestones are $1 billion in ARR and an IPO,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, according to a Wiz memo seen by Reuters. &#8220;While we are flattered by offers we have received, we have chosen to continue on our path to building Wiz,&#8221; CEO Assaf Rappaport said in the memo, without naming Google. &#8220;Let me cut to the chase: our next milestones are $1 billion in ARR and an IPO,&#8221; he added.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-836120","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836120"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836120\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}