If it had been completed, the splashy purchase would have injected fresh momentum into Google’s cloud-computing division and helped the company keep up with longtime rival Microsoft in cybersecurity. — Bloomberg
SAN FRANCISCO: Last week, it looked like Google was poised to snap up cybersecurity startup Wiz for US$23bil (RM107.50bil), in what would have been its largest acquisition ever.
On the night of July 22, Wiz told its employees that despite the large offer, the deal was off. The privately held company would instead pursue a public listing on a stock exchange, according to a memo viewed by The New York Times.
