Google's $23 Billion Bid for Wiz Rejected Amid Antitrust Concerns
Wiz opts for IPO, reflecting broader industry hesitance due to regulatory scrutiny
- Google's attempts to acquire Wiz and HubSpot were derailed by antitrust fears.
- A recent software issue at CrowdStrike increased Wiz's market value, influencing its decision.
- Wiz CEO Assaf Rappaport announced the company would pursue an IPO instead.
- Past tech deals like Adobe's bid for Figma and Amazon's for iRobot also failed due to regulatory pressures.
- The trend highlights growing regulatory challenges for big tech acquisitions.
























