3 May 2024

Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process (Meir Orbach/CTech)

Meir Orbach / CTech:
Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process  —  The companies recently signed a Letter of Intent with the aim of completing a deal for around $150-200 million.

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