Showing posts with label Mergers and Acquisitions. Show all posts
Showing posts with label Mergers and Acquisitions. Show all posts

Thursday, March 7, 2019

Luna Innovations acquires General Photonics

Luna Innovations has acquired General Photonics Corporation, a Chino, California-based supplier of optical components, modules and test equipment. General Photonics is focused on the generation, measurement and control of polarized light critical in fiber optic-based applications. The purchase price was $20 million, which includes a potential $1 million earnout payment.

Luna said General Photonics’ component and module product lines are an ideal addition to its own product portfolio. Its polarization measurement instruments are highly complementary to Luna’s line of optical measurement tools.

“We are excited to announce the acquisition of General Photonics, another step in the execution of our core strategy. This acquisition brings a highly complementary product portfolio to the capabilities of Luna’s communications test products,” said Scott Graeff, President and Chief Executive Officer of Luna. “We intend to drive a quick and smooth integration as both company’s products are built on similar electronics, optics and software platforms for high-precision measurement and control of light. This deal further demonstrates our commitment to use capital prudently for transactions that are quickly accretive to our earnings, and it is consistent with our previously stated goal to drive long-term value.”

Monday, March 4, 2019

Juniper to acquire Mist for cloud managed, enterprise Wi-Fi

Juniper Networks agreed to acquire Mist Systems, a start-up offering a cloud-managed, enterprise wireless platform, for $405 million in cash and equity awards.

Mist, which is based in Cupertino, California, has developed an AI-driven wireless platform for making Wi-Fi more predictable, reliable and measurable. Mist has also developed an AI-driven virtual assistant, Marvis, to simplify wireless troubleshooting and provide unprecedented insight into client and network behavior. In addition, Mist uses patented virtual Bluetooth LE technology in conjunction with Wi-Fi and IoT to deliver scalable and cost-effective location-based wireless services to customers, such as indoor wayfinding, proximity notifications, traffic analytics and asset tracking. All operations are managed via Mist’s modern cloud microservices architecture.

Mist’s Wireless LAN (WLAN) platform will be combined with Juniper’s wired LAN, SD-WAN and security solutions. Juniper said the deal also enables it to extend cloud-based management and end-to-end AI-driven visibility across the end-to-end enterprise network (from access to the WAN) to offer an industry-leading, software-defined and highly differentiated solution for simplifying operations, improving user experience and lowering total cost of ownership (TCO).

“Mist Systems is a great fit for Juniper and for our enterprise customers,” explained Rami Rahim, CEO of Juniper Networks. “Juniper and Mist share a common strategic goal. We believe in the Software-Defined Enterprise and Mist’s focus on bringing AI to IT is consistent with our core belief that we need to simplify operations and improve customer experience while lowering costs. With Mist, we are adding a market leading solution to complement our portfolio, drive the cloud transition within the enterprise and accelerate our enterprise growth.”

“Mist Systems has developed a unique blend of wireless, AI and cloud expertise that has enabled us to stand out from the competition and bring much needed innovation to the wireless space,” said Sujai Hajela, CEO of Mist Systems. “By combining these proficiencies with Juniper’s expansive channel reach, world-class support and best-in-class networking and security products, we believe we will be well poised to change the IT landscape by ushering in a new generation of AI-driven products.”

Monday, February 11, 2019

Amazon to acquire eero for home Wi-Fi

Amazon agreed to acquire eero, a start-up offering a home mesh WiFi system. Financial terms were not disclosed.

eero, which was founded in 2014 and is based in San Francisco, uses an access point with multiple beacon devices to fully cover a home with Wi-Fi.  eero has 4.6-star product rating on Amazon.com.

The main eero device employs tri-band WiFi radios, simultaneous 2.4GHz, 5.2GHz, and 5.8GHz wireless, 2x2 MU-MIMO, beamforming, and supports IEEE 802.11a/b/g/n/ac. On board is a 700 MHz quad-core processor, 512MB RAM, and 4GB flash storage. The beacons use dual-band WiFi radios, simultaneous 2.4GHz and 5GHz wireless, 2x2 MU-MIMO, beamforming, and also support IEEE 802.11a/b/g/n/ac.

“We are incredibly impressed with the eero team and how quickly they invented a WiFi solution that makes connected devices just work,” said Dave Limp, SVP of Amazon Devices and Services. “We have a shared vision that the smart home experience can get even easier, and we’re committed to continue innovating on behalf of customers.”

“From the beginning, eero’s mission has been to make the technology in homes just work,” said Nick Weaver, Co-Founder and CEO of eero. “We started with WiFi because it’s the foundation of the modern home. Every customer deserves reliable and secure WiFi in every room. By joining the Amazon family, we’re excited to learn from and work closely with a team that is defining the future of the home, accelerate our mission, and bring eero systems to more customers around the globe.”

eero was funded by funded by First Round Capital, Shasta Ventures, Redpoint Ventures and Playground Global.

Wednesday, February 6, 2019

Cisco completes Luxtera acquisition

Cisco completed its previously announced acquisition of privately-held Luxtera.

Cisco said it plans to incorporate Luxtera’s technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.


Cisco to acquire Luxtera for silicon photonics -- $660M

Cisco agreed to acquire privately-held Luxtera, a developer of silicon photonic technologies, for $660 million in cash and assumed equity awards.

Luxtera, which is based in Carlsbad, California, focuses on silicon photonics process and packaging technologies for building integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers.

Luxtera leverages a hybrid integration approach wherein the photonics die forms the base of the transceiver chipset, while the light source and electronics die are attached on top. The company says its ability to integrate all optical components into a single silicon chip enables it to manufacture at wafer scale.

Cisco said the integration of Luxtera will broaden its portfolio of 100GbE and 400GbE optics. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.

"With Cisco's 2018 Visual Networking Index projecting that global Internet traffic will increase threefold over the next five years, our customers are facing an exponential demand for Internet bandwidth," said David Goeckeler, executive vice president and general manager, Networking and Security Business at Cisco. "Optics is a fundamental technology to enable this future. Coupled with our silicon and optics innovation, Luxtera will allow our customers to build the biggest, fastest and most efficient networks in the world."

Cisco to acquire Singularity Networks for traffic analytics

Cisco has agreed to acquire Singularity Networks, a privately-held network infrastructure analytics company based in Lone Tree, Colorado. Financial terms were not disclosed.

Singularity Networks will join the automation group within Cisco’s Service Provider Business Unit. Cisco plans to integrate Singularity Networks’ analytics capabilities into its Crosswork Network Automation portfolio for Service Providers.

"I am pleased to announce Cisco’s intent to acquire Singularity Networks, a privately-held network infrastructure analytics company. Singularity Networks captures, enriches, and analyzes network data to help service providers, web companies and enterprises improve network performance, manage costs, gain visibility, and reduce downtime.

Tuesday, February 5, 2019

CBRE acquires Romonet for data center analytics

CBRE Group, the global data center real estate firm, has acquired the assets of Romonet, which develops analytics software for data center operators.  Financial terms were not disclosed.

Romonet's software helps increase capacity at data centers. The company was founded in 2008 by data center technology pioneers Zahl Limbuwala and Liam Newcombe. Romonet is based in the UK and serves clients across the globe. Romonet and its team of professionals will be integrated into CBRE’s global Data Center Solutions offering.

John Dunstan, president, Data Center Solutions at CBRE, said: “Romonet adds complementary market-leading solutions to our existing platform and will help us to deliver highly differentiated outcomes for our clients across the globe.”

Mr. Limbuwala, co-founder of Romonet, said: “The data center market continues to rapidly evolve and scale, and automation is increasingly critical. Joining CBRE’s leading global data centers team will allow us to provide worldwide support and capability for our clients.”

Thursday, January 10, 2019

AWS acquires CloudEndure for cloud migration and back-up tools

Amazon Web Services has acquired CloudEndure, a start-up based in Israel that specializes in cloud migration and back-up. Financial terms were not disclosed.

CloudEndure's IT Resilience Suite for the Hybrid Cloud provides disaster recovery, continuous backup, and migration of any application from any physical, virtual, or cloud-based source to cloud infrastructure.

CloudEndure, which was established in 2012, raised over $18 million from Dell Technologies Capital, VMware, Mitsui, Infosys, and Magma Venture Partners. Founders included Ofer Gadish, Ofir Ehrlich, Gil Shai, and Leonid Feinberg.

https://www.cloudendure.com/

Tuesday, January 8, 2019

Akamai to acquire Janrain for identity access management at the edge

Akamai Technologies agreed to acquire Janrain, a privately-held company based in Portland, Oregon. Akamai did not disclose the amount of the all-cash transaction but said the Janrain acquisition would be slightly dilutive to its non-GAAP net income per share for 2019, in the range of $0.05 to $0.06, and to become accretive in 2020.

Janrain specializes in customer identity access management (CIAM), which helps enterprises to enhance digital trust by offloading login and registration workloads.

Akamai said the integration of Janrain's Identity Cloud with the Akamai Intelligent Edge Platform is expected to provide enhanced security, regulatory compliance and massive scale to online engagements. The company cited security benefits to CIAM customers in two critical areas: bot management and threat intelligence. Akamai Bot Manager mitigates the risks associated with credential abuse by detecting and managing bot activity at login and registration time and reducing fraud without negatively impacting the user experience. By leveraging Akamai threat intelligence, customers can make smart decisions about which users should be allowed to access registration and login pages based on reputation built on past online behavior.

"It is challenging to conduct business online without an inherent and expected level of digital trust," said Rick McConnell, president of Akamai Technologies and general manager of Akamai’s web division. "Janrain’s Identity Cloud, working together with Akamai’s Intelligent Edge Platform, will provide an added layer of security to allow our customers to know more about their end users and potentially drive additional revenues from that deepened relationship."

Monday, December 24, 2018

NEC to acquire majority stake in Transatel

NTT Communications (NTT Com) agreed to acquire a majority stake in Transatel (HQ: Paris, France, CEO: Jacques Bonifay), a global Internet of Things (IoT) cellular connectivity management provider and Mobile Virtual Network Enabler (MVNE). Financial terms were not disclosed.

Transatel, established in 2000, has since 2012 been a pioneer in deploying its own worldwide data MVNO network compliant with Embedded SIM (eSIM*2) technology to address three key market segments: Consumer Electronics, Automotive and Industrial IoT (IIoT).

Transatel claims over 170 successful client MVNO launches and to be the leading European MVNE.

This transaction will allow NTT Com to drastically extend its Global IoT solution offerings. The combined synergies between Transatel's Worldwide data MVNO solutions and NTT Com’s global network infrastructure, data center, cloud and IoT platform will bring to this alliance the ability to provide a unique value proposition to the market.

Shuichi Sasakura, Senior Vice President and Head of Network Services of NTT Com: "Together with Transatel's engineering expertise in the IoT connectivity space, NTT Com believes that it can further enhance and contribute to bringing about digital transformation for our customers and partners in the IoT age."

Thursday, December 20, 2018

Philips sells Laser Diode Division to TRUMPF

Philips will sell 100% of its Photonics GmbH division to TRUMPF. Financial terms were not disclosed.

Philips Photonics, which iss headquartered in Ulm, Germany, designs, manufactures, markets and sells VCSEL-based solutions for data communications, consumer and industrial applications. Its product portfolio ranging from high speed VCSELs (vertical-cavity surface-emitting lasers) for data communication to infrared illumination modules for security, surveillance and night vision applications, from single mode VCSELs for sensing applications to intelligent Laser Doppler sensors for accurately measuring velocity and distance. Philips Photonics' laser diodes are manufactured in a high-tech facility in Ulm. Further locations are Aachen, Eindhoven in the Netherlands, and sales offices in Shenzen, Shanghai, and Qingdao in China. Photonics GmbH employs around 280 people.

TRUMPF said the acquisition opens up a new market segment. TRUMPF's existing business includes high-power diode lasers.

"With this acquisition, we want to open up new product fields and expand our existing portfolio at a strategically important point," said TRUMPF boss Nicola Leibinger-Kamm├╝ller.

"Since our foundation in 2000, we have grown strongly. More than half a billion cell phones worldwide are equipped with laser diode technology from Philips Photonics," said Joseph Pankert, Business Leader of Philips Photonics. "We are very excited to become part of TRUMPF. This will ensure that the division can continue to grow in a highly innovative company in the future," Pankert continued.

http://www.photonics.philips.com/
https://www.trumpf.com/

Tuesday, December 18, 2018

Cisco to acquire Luxtera for silicon photonics -- $660M

Cisco agreed to acquire privately-held Luxtera, a developer of silicon photonic technologies, for $660 million in cash and assumed equity awards.

Luxtera, which is based in Carlsbad, California, focuses on silicon photonics process and packaging technologies for building integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers.

Luxtera leverages a hybrid integration approach wherein the photonics die forms the base of the transceiver chipset, while the light source and electronics die are attached on top. The company says its ability to integrate all optical components into a single silicon chip enables it to manufacture at wafer scale.

Cisco said the integration of Luxtera will broaden its portfolio of 100GbE and 400GbE optics. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.

"With Cisco's 2018 Visual Networking Index projecting that global Internet traffic will increase threefold over the next five years, our customers are facing an exponential demand for Internet bandwidth," said David Goeckeler, executive vice president and general manager, Networking and Security Business at Cisco. "Optics is a fundamental technology to enable this future. Coupled with our silicon and optics innovation, Luxtera will allow our customers to build the biggest, fastest and most efficient networks in the world."

https://newsroom.cisco.com/press-release-content?type=webcontent&articleId=1959037


AT OFC 2018, Luxterra showcased its latest advances in  100G/╬╗ technology, PAM4 signaling, extended reach, increased operating temperature range, liquid immersion cooling, increased density and photonic integration. Product demonstrations included: IEEE802.3bs compliant 400G-DR4 technology platform demonstrating increased throughput and performance in Luxtera’s next-generation products 30km, 50G-PAM4 single-lambda QSFP link demonstrating Luxtera’s extended reach capabilities with PAM4 signaling over duplex fiber 4x25G-LR QSFP28 modules...


Friday, December 7, 2018

Reliance Industries' acquisition of Radisys expected to close this week

Reliance Industries (RIL) is expected to complete its acquisitio of Radisys no later than December 14, 2018. Radisys said the companies are working to close the transaction as promptly as practicable on or before that date. In connection therewith, RIL also acknowledged that Radisys has satisfied all conditions to RIL’s obligations to close the transaction.

Reliance to acquire Radisys for approximately $67 million

Reliance Industries Limited agreed to acquire Radisys Corporation for US$1.72 per share in cash -- representing an enterprise value of about $67 million based on 39 million shares outstanding.

Radisys, which is based in Hillsboro, Oregon, has nearly 600 employees with an engineering team based out of Bangalore, India, and sales and support offices globally. Radisys delivers value to service providers and telecom equipment vendors by providing disruptive

The company supplies open-centric software, hardware and service capabilities to service providers and telecom equipment vendors.

  • Radisys was founded in 1987 by former Intel engineers Dave Budde and Glen Myers. The company completed its IPO in 1995.

Thursday, November 29, 2018

Juniper to Acquire HTBASE for Enterprise Multicloud Solutions

Juniper Networks agreed to acquire HTBASE, a start-up based in Santa Clara, California, that offers a software platform for integrates compute, networking and storage across public and private clouds.

Juniper said the acquisition will add multicloud storage to the network and compute orchestration capabilities of its Contrail Enterprise Multicloud. HTBASE’s unique value is its platform’s ability to make the complete infrastructure layer (compute, storage and networking) transparent to applications, without impacting the operating system or architecture.

“Companies are moving more workloads from on-premises to the cloud to keep up with the need for agility and more flexibility. It’s up to us to make this transition not only achievable, but more importantly, to focus on making the move to the multicloud simple,” said Rami Rahim, CEO of Juniper Networks. “Juniper is betting big on multicloud and the momentum is mounting every day. Together with HTBASE, we have an opportunity to shape a new and emerging market that will deliver significant value with a unique line of products to customers worldwide.”

Tuesday, November 27, 2018

Tango Networks acquires Simetric Telecom

Tango Networks has acquired Simetric Telecom, a UK-based provider of mobile services and telecommunications solutions. Financial terms were not disclosed.

Simetric operates a next-generation network that seamlessly blends fixed communications and mobile services to deliver unified telecommunications. The company’s Mobile-X service provides enterprises with converged mobile communications encompassing the full enterprise telephony feature set. The company was founded in 2009.

Tango Networks recently launched a cloud-powered enterprise mobile communications service, Kinetic Cloud, offering Mobile Unified Communications, mobile communications recording compliance, automated enterprise application mobile integration, and Enterprise Text Messaging.

“The Simetric and Tango Networks combination creates an unmatched portfolio of solutions for enterprise mobile communications,” said Doug Bartek, CEO of Tango Networks. “We’re committed to providing Simetric’s community of partners and resellers with the same reliable, innovative services and high level of support that they have received from Simetric over the years.”

http://www.tango-networks.com/

Saturday, November 24, 2018

Cisco to acquire Ensoft

Cisco announced plans to acquire Ensoft, a privately-held company headquartered in Harpenden, England, that provides software solutions for service provider networks. Financial terms were not disclosed.

In a blog posting, Cisco's Rob Salvagno said the deal advances its strategy in unified transport and service layers with Segment Routing (SR) and Ethernet Virtual Private Networks (EVPN.

Ensoft was established in 1997 and now has approximately 70 engineers and an annual turnover of 10 million pounds. Its areas of expertise include routing and switching (BGP, all the IGPs, MPLS, multicast etc), Carrier Ethernet (IEEE technologies, pseudowires and VPLS, E-OAM etc), and residential subscriber management (eg PPP/IP sessions, scalable wholesale access).

http://www.cisco.com
https://www.ensoft.co.uk/

Sunday, November 18, 2018

BlackBerry to acquire Cylance for AI-power cybersecurity

BlackBerry Limited agreed to acquire Cylance, a privately-held develop of cybersecurity solution, for US $1.4 billion in cash, plus the assumption of unvested employee incentive awards.

“Cylance’s leadership in artificial intelligence and cybersecurity will immediately complement our entire portfolio, UEM and QNX in particular. We are very excited to onboard their team and leverage our newly combined expertise,” said John Chen, Executive Chairman and CEO of BlackBerry. “We believe adding Cylance’s capabilities to our trusted advantages in privacy, secure mobility, and embedded systems will make BlackBerry Spark indispensable to realizing the Enterprise of Things.”

Cylance's cybersecurity software leverages artificial intelligence, algorithmic science, and machine learning. The approach has proven highly effective at predicting and preventing known and unknown threats to fixed endpoints. The company generates recurring revenue from over 3,500 active enterprise customers, including more than 20% of the Fortune 500.

“Our highly skilled cybersecurity workforce and market leadership in next-generation endpoint solutions will be a perfect fit within BlackBerry where our customers, teams and technologies will gain immediate benefits from BlackBerry’s global reach,” said Stuart McClure, Co-Founder, Chairman, and CEO of Cylance. “We are eager to leverage BlackBerry’s mobility and security strengths to adapt our advanced AI technology to deliver a single platform.”

BlackBerry is developing Spark as a next-generation secure chip-to-edge communications platform for the EoT. The company says its platform is designed for ultra-security and industry-specific safety-certifications, such as ISO 26262 in automobiles. BlackBerry Spark will leverage the company’s deep portfolio of technology that includes FIPS-validated, app-level, AES 256-bit encryption to ensure data is always protected.

https://www.blackberry.com


Verizon acquires PrecisionAccess from Vidder

Verizon has acquired the PrecisionAccess solution and other Software Defined Perimeter (SDP) related assets from privately held Vidder.
Financial terms were not disclosed.

Vidder’s advanced technology is already integrated into Verizon’s SDP service, which helps organizations protect application infrastructure against cyber threats by blocking connectivity from unknown devices and making them invisible to anyone without approved access.

Verizon’s SDP provides pre-authenticated, context-aware, secure access to enterprise applications, helping to reduce the security risks associated with the multiple endpoints of an increasingly digital, mobile and virtual business world.

“Vidder’s technology is best-in-class in the trusted access space,” said Victoria Lonker, Verizon’s vice president of network and security product management. “This acquisition enables us to further build out our software-defined suite of services, creating a unified networking and security solution which we believe is best-in-class when it comes to protecting organizations against cyberattacks.”

Tuesday, November 6, 2018

Broadcom sells its Veracode business for $950 million

Thoma Bravo, a leading private equity investment firm, will acquire Veracode, the leading provider in next-generation application security testing (AST), from Broadcom for $950 million in cash.

Veracode's SaaS platform and integrated solutions help security teams and software developers find and fix security-related defects at all points in the software development lifecycle. Veracode serves more than 2,000 customers across a wide range of industries, including nearly one-third of the Fortune 100, and more than 20 of Forbes' 100 Most Valuable Brands.

"Software security is one of the most consequential issues facing companies as they look to compete in the digital economy. We are proud that our SaaS security platform combines multiple application security testing solutions, helping our customers around the world secure the software powering their companies and enabling them to focus on their core business objectives," said Sam King, current Senior Vice President and General Manager of Veracode, who will become the CEO of Veracode following the close of the transaction. "Partnering with Thoma Bravo, a proven security software investor, is expected to extend our market reach and further fuel our innovation so that we can offer the broadest software security platform and empower us to accelerate growth — all to allow us to transform the way companies achieve their software security goals."

Thoma Bravo noted its extensive experience investing in the cybersecurity software sector. It has completed more than 30 total acquisitions of enterprise security companies to date, including SailPoint (NASDAQ: SAIL), Barracuda Networks, LogRhythm, Bomgar, BlueCoat Systems, SonicWall and Entrust.

Monday, November 5, 2018

Symantec acquires Javelin and Appthority

Symantec announced the acquisition of Javelin Networks and Appthority. Financial terms were not disclosed

Javelin Networks offers advanced software technology to defend enterprises against Active Directory-based (AD) attacks, which recently have risen in frequency and severity. Multiple major advanced persistent threat (APT) campaigns have used AD credentials to move laterally in the network beginning with a single compromised endpoint. Javelin has developed software to protect AD and commonly-used domain resources, including domain controllers, domain identities, and domain credentials. Javelin Networks’ advanced technology can detect AD misconfigurations and backdoors and help prevent AD reconnaissance and credentials misuse by authorized devices and applications. The privately held company was founded in 2014 and has employees based in Israel and the U.S.

“In the cloud generation, identity management services, such as Active Directory, are a critical part of a user’s interaction with their organization’s applications and services. They are also a critical information repository that attackers regularly exploit,” said Javed Hasan, senior vice president of endpoint and data center products, Symantec. “The addition of Javelin Networks technology to our industry-leading endpoint security portfolio gives Symantec customers a unique advantage in one of the most vulnerable and critical areas of IT infrastructure. Most importantly, it can help expose exploitable backdoors in AD and stop attacks at the point of breach while preventing lateral movement.”

Appthority, which was founded in 2011 and is based in San Francisco, offers Mobile Application Security Analysis. The Appthority Mobile Threat Protection (MTP) solution provides threat detection and remediation across a broad range of device, app and data network risks. Last year, Symantec acquired Skycure, a leading Mobile Threat Defense (MTD) technology, that enabled the launch of Symantec Endpoint Protection Mobile (SEP Mobile). Appthority’s technology will be built into SEP Mobile, further enhancing Symantec’s ability to protect the broadest spectrum of modern endpoints and operating systems. Prior to the acquisition, Appthority was a Symantec Ventures portfolio company.

“Mobile apps are a critical threat vector that every company must address to protect their enterprise security,” said Adi Sharabani, SVP, Modern OS Security. “The Appthority technology extends SEP Mobile’s capabilities in limiting unwanted app behaviors, supporting regulatory compliance, and assessing vulnerabilities.”

Wednesday, October 3, 2018

Palo Alto Networks to acquire RedLock for $173M

Palo Alto Networks agreed to acquire RedLock, a cloud threat defense company, for approximately $173 million in cash.

RedLock's Cloud 360 platform takes an AI-driven approach that correlates disparate security data sets to provide visibility, detect threats, and enable rapid response across an organization’s public cloud environment, including  Microsoft Azure, Google Cloud Platform, and AWS.  RedLock is based in Menlo Park, California. RedLock co-founders Varun Badhwar (previously co-founded CipherCloud) and Gaurav Kumar (previously Software Architect at CipherCloud), will join Palo Alto Networks.

Palo Alto Networks notes that it already provides a broad security offering for multi-cloud environments with inline, host-based, and API-based security, which was bolstered by the acquisition of Evident.io in March 2018. The company currently serves more than 6,000 cloud customers globally with its cloud security portfolio that includes VM-Series next-generation firewall, Aperture, Evident, and GlobalProtect cloud service. Palo Alto Networks now plans to combine the Evident and RedLock technologies to provide customers with cloud security analytics, advanced threat detection, continuous security, and compliance monitoring in a single offering anticipated early next year.

"We are thrilled to add RedLock’s technology to our cloud security offerings. The addition of their technologies allows us to offer the most comprehensive security for multi-cloud environments, including Amazon Web Services, Google Cloud Platform and Microsoft Azure, and significantly strengthens our cloud strategy going forward," stated Nikesh Arora, chairman and CEO of Palo Alto Networks.

https://redlock.io/

See also