The Online Investor
Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Fri., Nov. 27, 5:18 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #16. Palo Alto Networks Cyvera

Acquirer: Palo Alto Networks (NYSE:PANW)
Acquiree: Cyvera
Details: Palo Alto Networks (NYSE: PANW), today announced a definitive agreement to acquire Cyvera, a privately held cybersecurity company located in Tel-Aviv, Israel. Under the terms of the agreement, Palo Alto Networks will acquire all of the outstanding capital stock of Cyvera for an aggregate purchase price of approximately $200 million. The acquisition is expected to close during the second half of fiscal 2014, subject to customary closing conditions and regulatory reviews.

Palo Alto Networks provides a platform that allows enterprises, service providers, and government entities to secure their organizations. Co.'s platform uses a traffic classification engine that identifies network traffic by application, user, and content and provides security across the network, endpoint, and cloud. Co.'s product, subscription, and support offerings include: firewall appliances and software; and Panorama, which is a centralized security management solution for global control of various firewall appliances and software deployed on an end-customer's network as well as in their instances in public or private cloud environments as a virtual appliance or a physical appliance.

PANW SEC Filing Email Alerts Service


Open the PANW Page at The Online Investor »

Company Name: 
Palo Alto Networks, Inc
Website: 
www.paloaltonetworks.com
Sector: 
Application Software
Number of ETFs Holding PANW: 
59
Total Market Value Held by ETFs: 
$3.11B
Total Market Capitalization: 
$28.31B
% of Market Cap. Held by ETFs: 
10.99%
 

Open the PANW Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Strong Buy (3.52 out of 4)
63rd percentile
(ranked higher than approx. 63% of all stocks covered)

Analysts' Target Price:
PANW Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Information Technology Services M&A - Slide 16 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.