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Technology M&A image Technology M&A » By The Online Investor Staff, updated Sun., Jul. 12, 10:01 PM Recent mergers and acquisitions in the Technology M&A category.

Slide #70. Palo Alto Networks Cyvera

Acquirer: Palo Alto Networks (NYSE:PANW)
Acquiree: Cyvera
Details: Palo Alto Networks (NYSE: PANW), today announced it has completed its acquisition of Cyvera Ltd., a privately held cybersecurity company located in Tel-Aviv, Israel. Originally announced on March 24, 2014, Palo Alto Networks acquired Cyvera for an aggregate purchase price of approximately $200 million.

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


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Company Name: 
Palo Alto Networks, Inc
Website: 
www.paloaltonetworks.com
Sector: 
Application Software
Number of ETFs Holding PANW: 
54
Total Market Value Held by ETFs: 
$2.72B
Total Market Capitalization: 
$23.42B
% of Market Cap. Held by ETFs: 
11.61%
 

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Buy (3.36 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)
Based on Zacks ABR data;
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