For more information visit www.paloaltonetworks.com. BlueCat acquires network infrastructure monitoring and automation platform Indeni Customers will gain an enhanced ability to maintain network resiliency. These proposed acquisitions will further advance the company's ability to offer the most complete and comprehensive cloud security suite in all critical areas of cloud security. I wrote this article myself, and it expresses my own opinions. Demisto is going to jointly work with the Palo Alto Networks team to strengthen its existing integration with the Application Framework, the company said in a statement. Security company Palo Alto Networks is expanding its security capabilities with the acquisition of both Twistlock and PureSec.Twistlock specializes in container security, while PureSec is focused on serverless security. It offers comprehensive visibility and threat . SecurityWeeks Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence. Palo Alto Networks recently acquired information security startup Demistro in a $560 million cash and stocks deal. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. The cybersecurity giant is paying $410 million in cash for Twistlock. Both Twistlock and PureSec will be important additions to helping protect our customers' journey to the cloud. This is partly because of the short-term nature of containers, but especially because containerisation also involves a high level of automation. Issue When authentication attempts exceed the number of permitted failed attempts, the user will be in a locked state, and the error message below will appe container solutions by enterprises due to their many benefits. (Derek Manky). Our vision is a world where each day is safer and more secure than the one before. Our vision is a world where each day is safer and more secure than the one before. The container security segment is anticipated to grow at the fastest rate during the period as containers come with security gaps that have to be covered to utilize their full potential. Along with the intelligent rules that are generated automatically, customers can also explicitly . For more information, visitwww.paloaltonetworks.com. "~ Shaked Zin,co-founder and CEO, PureSec. This is Palo Alto Networks 4th largest (disclosed) transaction. 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. (Matt Wilson), Regardless of the use case your security organization is focused on, youll likely waste time and resources and make poor decisions if you dont start with understanding your threat landscape. The company provides end-to-end security for serverless functions that cover vulnerability management, access permissions, and runtime threats. Below is an overview video of the companys offerings: Features of Twistlocks platform include vulnerability management, runtime defense, compliance, CI/CD integration, cloud-native firewalls, as well as access control. Forty cybersecurity-related M&A deals were announced in January 2023. Palo Alto plans to add Twistlock's container security capabilities and PureSec's serverless security capabilities to its new cloud security suite, Prisma. Palo Alto also launched a new Cybersecurity Academy in collaboration with IBM Canada and the British Columbia Ministry of Education to bridge the skills gap by preparing students for careers in cybersecurity. You can change your choices at any time by clicking on the 'Privacy & cookie settings' or 'Privacy dashboard' links on our sites and apps. Pal Alto Networks will acquire Twistlock for $410 million in an all cash transaction. Palo Alto Networks (NASDAQ:PANW) announced it has agreed to acquire Twistlock for $410 million. With proactive steps to move toward Zero Trust, technology leaders can leverage an old, yet new, idea that must become the security norm. In future releases, well deepen this integration with more native asset inventory data, unified alerting and risk analytics, traversing both compute and service planes. 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. Got a confidential news tip? Twistlock, the container security leader, combines vulnerability management, compliance, and runtime defense for cloud-native applications and workloads. Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. It shows that "container intelligence" cannot be thought of as a "bolt-on" feature to . This release provides users with a single platform and agent to secure their serverless functions with new capabilities including: Cloud Native Application Firewall for serverless. By submitting this form, you agree to our Terms of Use and acknowledge our Privacy Statement. Zingbox, Inc. is an Internet of Things (IoT) lifecycle management solution provider. This is Palo Alto Networks 1st transaction in Oregon. Twistlock is cloud-native and API-enabled itself, protecting all your workloads regardless of what underlying compute technology powers them. All Rights Reserved. Strengthening Serverless Security Capabilities: PureSec Integration, With the increased adoption of serverless architectures for building enterprise applications, serverless security is a critical requirement for application development teams. In recent years, developers have quickly switched to the use of containers, but security has not been able to keep up with this development. Companies like Twistlock and Aqua Security are trying to change that, says TechCrunch. Twistlock co-founders, Ben Bernstein and Dima Stopel, will join Palo Alto Networks. Management is headed by Co-Founder and CEO Ben Bernstein, who has previously served in various roles at Microsoft, including product manager. It has more than 290 customers, with more than a quarter on the Fortune 100 list. We have liked-minded teams, and we're looking forward to accelerating our ability to serve customers and partners on their cloud-native journey together." In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world. in the market. The single, most important observation to come out of the Twistlock acquisition is that Palo Alto Networks has chosen to make a strategic investment in containers. 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. Total revenue grew 28 percent year-over-year to $726.6 million. "PureSec's vision has always been to ensure that all serverless applications will be secured at the very highest level. 7-Day Free Trial. Today marks another exciting step forward in our commitment to offering our customers the industry's most complete cloud security offering. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! As organizations implement these best-in-class security capabilities from Palo Alto Networks to secure their cloud configurations and services, they now have an integrated solution featuring cloud security posture management and cloud workload protection as part of Prisma Cloud. The container security leader combines vulnerability management, compliance, and runtime defense for. The acquisition will give the company a container security platform, as well as 120 employees with a lot of knowledge about that security and 400 customers who use it. I have no business relationship with any company whose stock is mentioned in this article. Twistlock develops container and cloud-native cybersecurity services. Center for Disease Control and Prevention. Containers are a fast-growing software development infrastructure option. "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, said Nikesh Arora, CEO of Palo Alto Networks. Palo Alto Networks (NASDAQ:PANW) announced it has agreed to acquire Twistlock for $410 million. "Today marks another exciting step forward in our commitment to offering our customers the industry's most complete cloud security offering. Twistlock co-founders, Ben Bernstein and Dima Stopel, will join Palo Alto Networks. Twistlock was founded in 2015 and thus entered the world of container security relatively early on. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. 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. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. For daily updates, subscribe to our newsletter by clicking here. By their nature, developers and database administrators (DBAs) along with the full cadre of O Samsung has been offering customers a wide range of smartphones and connected devices for a while. The firm also acquired PureSec, a serverless security provider as part of a strategy to provide a broader range of security capabilities to clients. The two companies will provide Palo Alto Networks with a set of tools for modern development approaches. BlueCat acquires network infrastructure monitoring and automation platform Indeni. FireEye also just announced its acquisition of McLean, Virginia based security startup Veridon for $250 million. The technology packages code, configurations, and dependencies, enabling organizations to deliver software more quickly and easily. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts. This is effectively the same experience youre familiar with from all our previous releases. The company's Q4 guidance is below the market's expectations for $1.55 per share. The special curriculum, jointly designed by Palo Alto Networks, British Columbias Ministry of Education and IBM Canada, focuses on firewall installation, antivirus software, zero-day vulnerabilities, and other security skills. Palo Alto plans to add Twistlock's container security capabilities and PureSec's serverless security capabilities to its new cloud security suite, Prisma. "The excitement around our new products is incredible and will only grow once customers have a chance to experience it for themselves. Cybersecurity startup Twistlock is being acquired by Santa Clara-based Palo Alto Networks for $410 million. About Palo Alto NetworksPalo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. To date, the company has raised $50 Microsoft and Proofpoint are warning organizations that use cloud services about a recent consent phishing attack that abused Microsofts verified publisher status. Forward-Looking StatementsThis press release contains "forward-looking" statements that are based on our management's beliefs and assumptions and on information currently available to management. Twistlock combines vulnerability management, compliance, and runtime defense for cloud-native applications and workloads. 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. , and this release is another step in making that vision a reality. Containers are a fast-growing software development infrastructure option. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. With Prisma Cloud, you now have a single platform that protects both the service plane and the compute plane, across all the clouds you run on, and throughout the whole software development lifecycle. Find out more about how we use your personal data in our privacy policy and cookie policy. When typing in this field, a list of search results will appear and be automatically updated as you type. This field is for validation purposes and should be left unchanged. The Santa Clara-based company stated the latest acquisition deal will bring it closer to using AI and machine learning to help further automate significant parts of the companys customers security operations. PureSec co-founders Shaked Zin, Ory Segal and Avi Shulman will join Palo Alto. We have liked-minded teams, and were looking forward to accelerating our ability to serve customers and partners on their cloud-native journey together, Ben Bernstein, co-founder and CEO of Twistlock, said in a statement. Combining their capabilities with Prisma, our leading cloud security suite, is a huge win for all of our customers.". In the past 12 months, PANWs stock price has fallen 2.67% vs. Fortinets (FTNT) increase of 21.35%, as the chart below indicates: Over the past 12 quarters, earnings surprises have uniformly been positive, perhaps indicating management deliberately lowers guidance in order to beat EPS estimates: Analyst sentiment in recent earnings calls has been relatively stable, as the linguistic analysis shows below: PANW is acquiring Twistlock to bolster its container security offerings. Palo Alto said its outlook includes the impact of approximately $15 million in net expense related to the Demisto acquisition as well as the proposed Twistlock and PureSec acquisitions. These acquisitions align with yesterday's announcement of Palo Alto Networks' Prisma cloud security strategy. So you can see what the configuration status of your environment is, but we also give you a preventative option. Additional information will also be set forth in other filings that we make with the SEC from time to time. Under the terms of the agreement, Palo Alto Networks will pay approximately $410 million in cash, subject to adjustments, to acquire Twistlock. 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. Share this article On May 29, 2019 @TechCrunch shared Show tweet 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. I am not receiving compensation for it (other than from Seeking Alpha). Security and DevOps teams can effectively collaborate to accelerate secure cloud native application development and deployment using a single dashboard. Regardless of the use case your security organization is focused on, youll likely waste time and resources and make poor decisions if you dont start with understanding your threat landscape. To differentiate these options, there are now two editions you can choose from: Prisma Cloud Enterprise Edition 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. Created On 09/25/18 19:26 PM - Last Modified 09/21/22 23:03 PM . Looking for a community to discuss ideas with? Free cash flow for the nine months ended April 30, 2019, was $746 million. The 12-month academic program gives students, across selected high schools in British Columbia, hands-on training on evolving cyber threats and how to prevent them. SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023. Palo Alto Networks, Prisma, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. Advertisement. Reflecting the depth of this integration and those to come, Twistlock is also being rebranded to part of the Prisma Cloud family. Analysts were expecting earnings of $1.25 on revenue of $704.05 million. PureSecs end-to-end serverless security solution is the industrys first and most comprehensive security protection for serverless architectures. ~ Nikesh Arora, chairman and CEO, Palo Alto Networks, Twistlock: Leading Container Security Company. Santa Clara, Calif.-based Palo Alto said it has agreed to pay roughly $410 million in cash to acquire container security Twistlock, and an undisclosed amount to acquire serverless security firm PureSec. ~ Ben Bernstein,co-founder and CEO, Twistlock, PureSec: Pioneering Serverless Security Company. Twistlock co-founders Ben Bernstein and Dima Stopel will join Palo Alto Networks. We are excited to welcome Twistlock to Palo Alto Networks. Do Not Sell or Share My Personal Information. 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. Palo Alto Networks CEO Nikesh Arora Photo by Steve Jennings/Getty Images for TechCrunch The cyber-security sector has been hot as of late. We help address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. About PureSec As a global leader in serverless architectures security, PureSec enables its customers to build and maintain secure and reliable serverless applications. Reach a large audience of enterprise cybersecurity professionals. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. By joining forces with Palo Alto Networks, we will undoubtedly be able to make that a reality much faster. If you would like to customise your choices, click 'Manage privacy settings'. Cision Distribution 888-776-0942 SANTA CLARA, Calif., May 29, 2019 /PRNewswire/ --Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that it has entered into definitive agreements to acquire Twistlock, the leader in container security, and PureSec, a leader in serverless security, to extend its Prisma cloud security strategy. Prisma Cloud Compute Edition is the downloadable, self-hosted software that you deploy and operate on your own, so that you can maintain full custody of your data. We are humbled and excited about this opportunity. This release provides users with a single platform and agent to secure their serverless functions with new capabilities including: One of our key requirements as we integrated with Prisma Cloud was to ensure pervasive cloud native security across all public cloud environments including AWS and Microsoft Azure. For more information, visit www.paloaltonetworks.com. (Torsten George), With proactive steps to move toward Zero Trust, technology leaders can leverage an old, yet new, idea that must become the security norm. we equip you to harness the power of disruptive innovation, at work and at home. Twistlock is proud to announce our first major release as part of Palo Alto Networks and our 18th overall. The usual fun facts from GitHub: weve worked on more than 10,900 issues, pushed more than 8,200 commits, built Twistlock more than 1,300 times and shipped over 400 customer-requested features over more than four years! Network security giant Palo Alto Networks (NYSE: PANW) announced on Wednesday that it has agreed to acquire two security startups that it says will help extend . It also includes the impact of tariffs of approximately $2.5 million. 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. Both acquisitions are expected to close during Palo Alto Networks fiscal fourth quarter, subject to the satisfaction of regulatory approvals and other customary closing conditions, the company said. The company claims that its Security Orchestration Automation and Response (SOAR) Platform combines orchestration, incident management, and interactive investigation into a seamless experience. (Marie Hattar), A wave of layoffs, coupled with increased recruitment efforts by cybercriminals, could create the perfect conditions for insider threats to flourish Is this happening to you frequently? . 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. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Palo Alto Networks 1.0 (2 ratings) . With Prisma Cloud, you now have a single platform that protects both the service plane and the compute plane, across all the clouds you run on, and throughout the whole software development lifecycle. (Marc Solomon), Industry standard frameworks and guidelines often lead organizations to believe that deploying more security solutions will result in greater protection against threats. Palo Alto Networks will pay approximately $410 million in cash to acquire Twistlock. 7 photos CrowdStrike, $3.7 billion-$4.5 billion: If Sunnyvale-based CrowdStrike his the targets it set this week it would be the biggest U.S. venture-backed cybersecurity IPO ever, in terms of.