Following Google's acquisition of Wiz, the cybersecurity market has lost its best bet at a flashy IPO anytime soon. Why it matters: A volatile economy and a challenging security sales landscape make public exits increasingly difficult and unattractive,

Google’s agreement to buy cloud security startup Wiz will face antitrust scrutiny amid Alphabet’s ongoing legal battles.

Wiz was founded only five years ago but offers an increasingly important cloud-security service as cyber risks grow.

The venture capital firms that invested in cybersecurity firm Wiz, which agreed to a $32 billion buyout by Google's parent Alphabet, stand to reap returns as high as 200 times for seed investors, among them Sequoia Capital,

Google parent Alphabet's (NASDAQ:GOOGL) planned purchase of cybersecurity startup Wiz includes a termination fee of about 10% of the $32 billion purchase price. A reverse termination fee to Wiz of about $3.