Cybersecurity Solutions Provider Palo Alto Networks Acquires Aporeto

December 29, 2019
Cybersecurity Solutions Provider Palo Alto Networks Acquires Aporeto
Cybersecurity solutions provider Palo Alto Networks has acquired cloud security platform provider Aporeto. With a presence in the Netherlands, Singapore, and Israel, Palo Alto Networks has headquarters in Santa Clara, California, United States. The company is a “global cybersecurity leader” that aims to be the planet’s “cybersecurity partner of choice” It addresses security challenges through “artificial intelligence, analytics, automation, and orchestration” and protects “tens of thousands of organizations across clouds, networks, and mobile devices”. Its acquisition of Aporeto is reported to have cost in the region of $150 million.

Established in 2015, Aporeto has headquarters in San Jose, California, United States. The company provides the ‘Aporeto Zero Trust Cloud Security’ platform, which “simplifies hybrid cloud security” by permitting DevOps application identity rather than identification through IP addresses. The company offers a distributed firewall for cloud-native and hybrid cloud applications which “removes security barriers to cloud adoption”. The acquisition will enhance Palo Alto Networks’ Prisma Cloud-based cloud-native security platform.

“Teaming up with Palo Alto Networks allows us to bring our machine identity-based microsegmentation technology to a large customer base,” explained the CTO of Aporeto, Dimitri Stiliadis.

“We are excited to officially welcome Aporeto to Palo Alto Networks,” added Palo Alto Networks’ chairman and CEO, Nikesh Arora. “Aporeto is a great fit for our company, and its microsegmentation technology will further expand our cloud security capabilities and enhance our Prisma Cloud offerings.”

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