Palo Alto Networks acquires LightCyber

Palo Alto Networks has acquired LightCyber for $105 million in cash. 

Palo Alto Networks will continue to offer the LightCyber products and support existing customer implementations, while it engineers the technology into the Palo Alto Networks Next-Generation Security Platform by the end of the calendar year. Bringing behavioural analytics to the platform will enhance its automated threat prevention capabilities and the ability for customer organizations to prevent cyber breaches throughout the entire attack life cycle.    

Mark McLaughlin, Chairman & CEO, Palo Alto Networks, said, “The LightCyber team’s vision to bring automation and machine learning to bear in addressing the very difficult task of identifying otherwise undetected and often very sophisticated attacks inside the network is well-aligned with our platform approach. This technology will complement the existing automated threat prevention capabilities of our platform to help organizations not only improve but also scale their security protections to prevent cyber breaches.” 

Gonen Fink, CEO, LightCyber, said, “Palo Alto Networks has been driving a paradigm shift in the security industry with its natively engineered and highly automated Next-Generation Security Platform designed to change the equation in how organizations prevent cyber breaches. We are pleased to join the Palo Alto Networks team, combining our technology innovations and accelerating adoption of behavioural analytics to help organizations bolster their defences against the advanced and sophisticated adversaries they are facing today.”ss