Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cloud Security

Palo Alto Networks to Acquire Aporeto for $150 Million

Palo Alto Networks on Monday announced that it has entered into a definitive agreement to acquire cloud security company Aporeto for roughly $150 million in cash.

Palo Alto Networks on Monday announced that it has entered into a definitive agreement to acquire cloud security company Aporeto for roughly $150 million in cash.

Palo Alto Networks expects to complete the deal in the second fiscal quarter, once all closing conditions are met. Aporeto co-founders Dimitri Stiliadis and Satyam Sinha will join Palo Alto Networks.Palo Alto Networks to acquire Aporeto

Aporeto provides identity-powered cloud security solutions, including distributed firewall, identity-aware proxy, and privileged access management (PAM) products.

Palo Alto Networks plans on using Aporeto’s technology to strengthen its Prisma Cloud security platform.

“We have dedicated ourselves to helping organizations securely embrace the cloud. Teaming up with Palo Alto Networks allows us to bring our machine identity-based microsegmentation technology to a large customer base. We are thrilled to join forces to help customers secure their journey to the cloud,” Stiliadis stated.

Nikesh Arora, chairman and CEO of Palo Alto Networks, commented, “We are thrilled to welcome Aporeto to the Palo Alto Networks family. We believe the addition of Aporeto’s unique machine identity technology will further enhance our leading Prisma Cloud capabilities and strengthen our commitment to helping customers secure their journey to the cloud.”

Palo Alto Networks this year also acquired cloud security startups Evident.io, Twistlock and PureSec.

Related: Palo Alto Networks Blames Tariffs for Firewall Price Hikes

Related: Palo Alto Networks to Acquire Security Automation Firm Demisto for $560 Million

Related: Palo Alto Networks to Acquire Cloud Security Firm RedLock for $173 Million

Related: Palo Alto Networks Acquires IoT Security Firm Zingbox for $75 Million

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Application Security

A CSRF vulnerability in the source control management (SCM) service Kudu could be exploited to achieve remote code execution in multiple Azure services.

Application Security

Many developers and security people admit to having experienced a breach effected through compromised API credentials.

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.