Wiz CEO Assaf Rappaport says the company took the decision to end discussions in order to return to its original plans for an initial public offering.
In a note to staff seen by Reuters, Rappaport said: “Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice.”
Wiz had already demonstrated its ability to secure its own sources of funding, having raised $1 billion from investors in May at a $12 billion valuation before Google approached the firm with a much higher offer.
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Denne historien er fra July 23, 2024-utgaven av Evening Standard.
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Arteta's five-year Lewis-Skelly plan pays out in gold
Teenage star's precocious talent and fearless nature justifies the hype in breakthrough season
The Hill Garden and Pergola
Can heritage be romantic? Without a doubt.
Reallife calling: don't let AI suck the love out of online dating
In Spike Jonze's 2013 film, Her, Joaquin Phoenix falls in love with the AI chatbot inside his phone.
Why Space X could destroy the fragile Musk-Trump bromance
The race to Mars could make or break Elon Musk's special relationship with the President
At home with...Sarah CorbettWinder
The stylist is creating a playful escape for her family
How a cancelled cult designer rose again
The rise, fall and rise of Art School's Eden Loweth
The bill wasn't the only hard thing to swallow
Let's get to it: the bill was a horror. £309 for two. For a night of fried chicken and snails and no pudding. For God's sake.
Is there anyone left in London who hasn't got ADHD?
We're reaching a saturation point of over-diagnosis and the internet is to blame, say psychiatrists
Sophistication andwitare in short supplyin this tired sequel
To paraphrase her own mode of self-criticism, this latest instalment in the saga of hapless London singleton Bridget Jones is v v poor.
facing Oh, baby! London's the mother of all problems
We're having fewer and fewer children. Why, and what does it mean for our city?
