Such a deal — which commenced only weeks ago when Google Cloud CEO Thomas Kurian approached the startup that initially had no plans of being acquired — could close within the next 10 days although the odds that the purchase would proceed is still only at 50%, according to the source. The reported acquisition deal comes only two months after Wiz was able to secure $1 billion from a Series E investment round that brought its valuation to $12 billion.

Source: SC Magazine