Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources | TechCrunch
Wiz, a rival, is said to be nearing a deal to buy the cloud security startup
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150–$200 million.
Sources close to the negotiations said that the two companies have already signed a letter of intent and described the state of negotiations...
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