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Palo Alto Networks to buy Israeli cybersecurity firm for $200 million

24
Mar
2014

(Reuters) – Security software maker Palo Alto Networks Inc said it agreed to buy privately-held Israeli cybersecurity company Cyvera for about $200 million to expand its offerings that protect businesses from cyber attacks. Palo Alto said the deal would close in the second half of its fiscal year 2014. Palo Alto said Cyvera’s software – which protects businesses from cyber threats by blocking unknown, zero-day attacks – would help its customers to safely enable applications and protect them against threats on any device, across any network. …

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