Wiz Rejects Google Bid

This is a news story, published by CNBC, that relates primarily to Roy Reznik news.

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Wiz stock

CNBC

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After rejecting Google takeover, cyber firm Wiz says it will IPO 'when the stars align'

Summary

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77% Informative

Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year .

Co-founder Roy Reznik says the company will go public "when the stars align" Earlier this year , the company rejected a $23-billion acquisition bid from Google .

Reznik: "The cloud market is going to reach $1 trillion over the next few years ".

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semi-formal

Language

English

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not offensive

Hate speech