Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cloud Security

Palo Alto Networks Acquires Cloud Security Startups Twistlock and PureSec

Network security giant Palo Alto Networks (NYSE: PANW) announced on Wednesday that it has agreed to acquire two security startups that it says will help extend its cloud security capabilities.

Network security giant Palo Alto Networks (NYSE: PANW) announced on Wednesday that it has agreed to acquire two security startups that it says will help extend its cloud security capabilities.

Santa Clara, Calif.-based Palo Alto said it has agreed to pay roughly $410 million in cash to acquire container security Twistlock, and an undisclosed amount to acquire “serverless security” firm PureSec.

Twistlock’s flagship cloud native security platform is API-enabled and provides protection for containers, serverless functions, and container-as-a-service platforms into a single full stack security platform, regardless of what underlying compute technology powers them.

PureSec’s security solution provides protection for serverless architectures and helps customers build and maintain secure and reliable serverless applications. The solution provides end-to-end security for serverless functions that cover vulnerability management, access permissions, and runtime threats.

Twistlock and PureSec technologies will be integrated into Palo Alto’s Prisma cloud security suite.

“Our vision for a cloud-native security platform is a natural fit with Palo Alto Networks cloud strategy. We have liked-minded teams, and we’re looking forward to accelerating our ability to serve customers and partners on their cloud-native journey together,” Ben Bernstein, co-founder and CEO of Twistlock, said in a statement.

Both acquisitions are expected to close during Palo Alto Networks fiscal fourth quarter, subject to the satisfaction of regulatory approvals and other customary closing conditions, the company said.

Palo Alto Networks also annnounced on Wednesday that total revenue for its fiscal first quarter 2019 was $656 million, a 31 percent year over year increase compared with total revenue of $501.8 million for the same period last year.

Advertisement. Scroll to continue reading.
Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is founder and director of several leading cybersecurity industry conferences around the world.

Click to comment

Trending

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.

Learn how the LOtL threat landscape has evolved, why traditional endpoint hardening methods fall short, and how adaptive, user-aware approaches can reduce risk.

Watch Now

Join the summit to explore critical threats to public cloud infrastructure, APIs, and identity systems through discussions, case studies, and insights into emerging technologies like AI and LLMs.

Register

People on the Move

Jason Hogg has been named Executive Chairman of CYPFER.

HUB Cyber Security has appointed former PayPal and American Express executive Paul Parisi as its Global Chief Revenue Officer.

Cloud security startup Upwind has appointed Rinki Sethi as Chief Security Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.