Confirmed: Palo Alto Networks buys Dig Security, sources say for $400M

Confirmed: Palo Alto Networks buys Dig Security, sources say for $400M

a year ago
Anonymous $HYlO-3b458

https://techcrunch.com/2023/10/31/confirmed-palo-alto-networks-buys-dig-security-sources-say-for-400m/

We reported in September that Palo Alto was getting ready to make yet more security acquisitions out of Israel, specifically of Dig Security and Talon. Today, some confirmation of one of those has arrived: the U.S. security giant said it would be acquiring Dig. The company is not disclosing the financial terms but our sources say it is in the region of $400 million.

From what we understand, the second deal we reported on at the same time as Dig, for Talon, is still being completed. Together the two companies will total about $1 billion in M&A for Palo Alto Networks, sources close to the negotiations have said.

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