Google’s talks to buy Wiz, a cybersecurity startup, for $23B have fallen apart, The Wall Street Journal’s Miles Kruppa reports. Wiz is now aiming for an IPO, according to an email to employees sent Monday from Wiz CEO Assaf Rappaport and viewed by The Wall Street Journal. “While we are flattered by offers we have received, we have chosen to continue on our path to building Wiz,” Rappaport wrote, adding that Wiz intends to reach $1B in annual recurring revenue ahead of the IPO. A $23B purchase of Wiz would have been Google’s largest acquisition, Kruppa notes.
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