Negotiations for Google's parent company's acquisition of Wiz are reportedly expected to take another week to ten days, and there is a possibility that they may fall through

A source familiar with the matter said that Google's parent company, Alphabet, is in advanced negotiations to acquire cybersecurity startup Wiz for $23 billion. The source mentioned that a few weeks ago, Thomas Kurian, head of Google Cloud, contacted Wiz. Subsequently, the negotiations progressed rapidly, and the two parties preliminarily reached an agreement on the acquisition price. The source stated that a deal of this scale faces many obstacles that need to be resolved, but did not specify what the obstacles are. The negotiation process may take another week to 10 days, with a 50% chance of falling through