Palo Alto Networks completes $410m cash deal for Twistlock

Global cybersecurity company Palo Alto Networks has completed its $410m cash deal for Twistlock.

The acquisition will bolster Palo Alto Networks’ cloud security strategy, giving it the power to provide organisations secure, reliable and scalable security services throughout the life cycle.

As part of the deal, Twistlock co-founders Ben Bernstein and Dima Stopel will join Palo Alto Networks. The Twistlock service will continue to be available as a standalone product and will be integrated into Palo Alto Networks’ Prisma Public Cloud.

Twistlock combines vulnerability management, compliance, and runtime defence for cloud-native applications and workloads. The platform serves 300 enterprises, supplying them with real-time intervention, blockchain and prevention of any in-process runtime attacks.

Palo Alto Networks CEO Nikesh Arora said, “As a growing number of organizations move their business to the cloud, developers increasingly rely on cloud-native technologies such as containers and serverless infrastructure to accelerate the development, testing, and deployment of modern applications and services.

“We are excited to welcome Twistlock to Palo Alto Networks. With Twistlock’s market-leading container security capabilities, we are more confident than ever in our ability to enable a secure journey to the cloud for our customers.”

Palo Alto Networks is an endpoint detection and response service for enterprise networks and cloud systems. The company leverages AI, analytics, automation and orchestration to corelate disparity security datasets to give a 360-view of the company and identify risks and accelerate responses.

This acquisition follows on from Palo Alto Networks’ acquisition of PureSec last month. PureSec is an end-to-end serverless security solution designed to safeguard applications from known and unknown threats.

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