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Cybersecurity firm Wiz reportedly in talks to buy Lacework for $150M-$200M

  • Israeli cybersecurity firm Wiz Inc. is reportedly in talks to acquire rival startup Lacework Inc. for $150 million to $200 million.
  • Lacework, once valued at $8.3 billion, is seeking a much lower valuation due to undisclosed reasons.
  • The deal, if completed, would distribute Lacework's $800 million cash reserves among its investors.
  • Wiz has been actively acquiring other companies, including Raftt and Gem Security, while also seeking additional funding.

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