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Palo Alto Networks Completes Acquisition of Twistlock Meanwhile, PureSec provides end-to-end security for serverless functions, covering vulnerability management, access permissions and runtime threats. The goal is to help IT professionals get acquainted with new innovative products and services, but also to offer in-depth information to help them understand products and services better. Enterprise Edition provides a comprehensive platform for protecting both the service plane and the compute plane and can protect hosts, containers and serverless running in any cloud, including on-premises. Were already working on our first release of 2020, which will add dozens of new features and enhancements to the core functionality, covering areas like continuous integration (CI)/continuous delivery (CD) policy, Trusted Images, Open Policy Agent (OPA) and Cloud Native Network Firewall. June 2, . With Twistlocks 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.". Industry standard frameworks and guidelines often lead organizations to believe that deploying more security solutions will result in greater protection against threats. The company announced another addition to its Prisma cloud security suite with the completion of its acquisition of PureSec, a leader in serverless security, on June 13, 2019. Twistlock co-founders, Ben Bernstein and Dima Stopel, will join Palo Alto Networks. Containers are a fast-growing software development infrastructure option. Both Twistlock and PureSec will be important additions to helping protect our customers' journey to the cloud. Full details will be revealed at the Meta Connect event on Techzine focusses on IT professionals and business decision makers by publishing the latest IT news and background stories. Do Not Sell or Share My Personal Information. About TwistlockTrusted by more than 25% of the Fortune 100, Twistlock is the world's first truly comprehensive cloud native security platform, providing holistic coverage across hosts, containers, and serverless in a single platform. It also includes the impact of tariffs of approximately $2.5 million. This acquisition will enhance BlueCat's DDI management platform, which provides the core services that direct traffic and enable access and communication across the network. We are humbled and excited about this opportunity. All rights reserved. Twistlock, PureSec acquisitions enable Palo Alto Networks to expand By submitting this form, you agree to our Terms of Use and acknowledge our Privacy Statement. Twistlock's cloud-native container security and PureSec's serverless application security platform give Palo Alto Networks the flexibility enterprise customers need to deploy their apps, from experimentation right through production deployment. Starting today and running until December 1st, 2023, those intrepid hunters who successfully report sandbox e Meta has officially unveiled its Quest 3 headset. With the acquisitions, Palo Alto Networks said in a release, it should be "uniquely positioned to secure today's modern applications throughout the entire life cycle.". Twistlock's technology claims to lock down such systems as Amazon Web Services, Microsoft Azure, Docker, Kubernetes and Pivotal, among others. Additional information will also be set forth in other filings that we make with the SEC from time to time. Zingbox provides a cloud based service to discover, identify, secure and optimize devices, using advanced AI and machine learning technologies. As Nikesh Arora, PANWs CEO stated in the deal announcement. Twistlock is a startup that focuses on container security. Testing RFID blocking cards: Do they work? This almost-great Raspberry Pi alternative is missing one key feature, This $75 dock turns your Mac Mini into a Mac Studio (sort of), Samsung's Galaxy S23 Plus is the Goldilocks of Smartphones, How the New Space Race Will Drive Innovation, How the metaverse will change the future of work and society, Digital transformation: Trends and insights for success, Software development: Emerging trends and changing roles. The firm also acquired PureSec, a serverless security provider as part of a strategy to provide a broader range of security capabilities to clients. Today marks another exciting step forward in our commitment to offering our customers the industry's most complete cloud security offering. Today, we are incredibly excited to announce we are bringing all of these capabilities under one name, Prisma Cloud, the most complete Cloud Native Security Platform. Busy day for Palo Alto Networks as it buys two security startups (Derek Manky). For Q4, Palo Alto expects non-GAAP net income per share in the range of $1.41 to $1.42 with revenue in the range of $795 to $805 million. The main drivers for this expected growth are the rapid adoption of application container solutions by enterprises due to their many benefits. Palo Alto Networks also announced the acquisition of PureSec, a serverless security company. Palo Alto Networks has acquired Twistlock, a container security company, for about $410 million in cash. Palo Alto Networks buys Twistlock, PureSec for container security This is partly because of the short-term nature of containers, but especially because containerisation also involves a high level of automation. is a full Cloud Native Security Platform, where host, container and serverless capabilities are delivered via SaaS along with the cloud security posture management capabilities Prisma Cloud is well known for. IPO Edge features a chat room of like-minded investors sharing investing ideas and strategies. The terms of the PureSec deal were not disclosed. Scroll to continue reading. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including risks associated with new product and subscription releases, including our limited operating history; risks associated with managing our rapid growth; our ability as an organization to successfully integrate Twistlock and acquire and integrate other companies, products or technologies in a successful manner; the risks associated with new products and subscription and support offerings, including the discovery of software bugs; our ability to attract and retain new customers; delays in the development or release of new subscription offerings, or the failure to timely develop and achieve market acceptance of new products and subscriptions as well as existing products and subscription and support offerings; rapidly evolving technological developments in the market for network security products and subscription and support offerings; length of sales cycles; and general market, political, economic and business conditions. Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Investors have invested at least $63.1 million in Twistlock and include Dell Technologies Capital, Rally Ventures, ICONIQ Capital, YL Ventures, Polaris Ventures, and TenEleven Ventures among others. SANTA CLARA, Calif., July 9, 2019 /PRNewswire/ --Palo Alto Networks (NYSE:PANW), the global cybersecurity leader, announced today that it has completed its acquisition of Twistlock, the leader in container security, to extend its Prisma cloud security strategy. Companies like Twistlock and Aqua Security are trying to change that, says TechCrunch. Get IPO Edge with actionable research on next-generation high growth stocks. This represents a very strong CAGR of 32.9% between 2018 and 2023. Palo Alto Networks Acquires Cloud Container Security Provider Twistlock Zingbox, Inc. is an Internet of Things (IoT) lifecycle management solution provider. "Our vision for a cloud-native security platform is a natural fit with Palo Alto Networks cloud strategy. Advertisement. Additional risks and uncertainties are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in our quarterly report on Form 10-Q filed with the Securities and Exchange Commission ("SEC") on February 27, 2019, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Our vision for a cloud-native security platform is a natural fit with Palo Alto Networks cloud strategy. Twistlock co-founders, Ben Bernstein and Dima Stopel, will join Palo Alto Networks. Founded in 2005, Palo Alto Networks covers several segments like firewalls, cloud-monitoring and compliance, endpoint protection, and threat detection services. Twistlock and PureSec technologies will be integrated into Palo Altos Prisma cloud security suite.

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