Palo Alto to buy Demisto for US$560 million

By
Follow google news

Swoops on US-Israeli information security firm in cash and stock deal.


Cyber security company Palo Alto Networks Inc said on Tuesday it would buy U.S.-Israeli information security firm Demisto Inc for US$560 million in cash and stock. Demisto, founded in 2015 by four McAfee executives, develops and markets automation tools for information security management, ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA appoints new group CIO

CBA appoints new group CIO

Westpac is embedding AI across its core "flows"

Westpac is embedding AI across its core "flows"

NAB taps Databricks' Genie AI tools to derive more value from its data

NAB taps Databricks' Genie AI tools to derive more value from its data

ASX faces $20.5m penalty for failed blockchain-based system replacement

ASX faces $20.5m penalty for failed blockchain-based system replacement

Log In

  |  Forgot your password?