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    Media Center / News

    Globes | Regulatory risks thought factor in cessation of negotiations for acquisition of Wiz by Alphabet

    July 25, 2024

    Cloud security company Wiz recently announced its decision to withdraw from negotiations for a $23 billion acquisition by Google’s parent company, Alphabet.

    Industry speculation suggests the deal fell through due to concerns over prolonged regulatory scrutiny that could last years.

    Adv. Ian Rostowsky, co-head of the Hi-Tech and Venture Capital Department at our firm, was interviewed by the Globes newspaper regarding this matter.

    To read the full article, click here.