Information Week: Wiz Walks Away from Google’s $23B Offer, Hypes IPO Play
![Information Week](https://blackcloak.io/wp-content/uploads/2024/07/Logo-InformationWeek.png)
In a surprising turn of events, Wiz has declined Google’s $23B acquisition offer, choosing instead to focus on an IPO. This bold move not only underscores Wiz’s confidence in its growth potential but also signals a promising future for the cybersecurity industry.
Our CEO, Chris Pierson, sees this as a positive sign for the entire cybersecurity landscape, explaining “Wiz’s decision bodes very well for the entire cybersecurity industry. It means that Wiz sees a path forward in the public market, sees them being able to exist as a stand-alone entity, and wants to continue to grow their platform.”
Learn more about BlackCloak’s plans for cybersecurity & privacy for high-profile individuals. Or, contact us to request a consultation.