Palo Alto Networks Acquires Zingbox
September 20, 2019
Palo Alto Networks has completed the acquisition of Zingbox, an IoT-focused cybersecurity company, for approximately $75 million in cash. The deal brings Zingbox's AI/ML-driven, cloud-based IoT security capabilities into Palo Alto Networks' Next-Generation Firewall and Cortex platforms to expand its IoT security offerings.
- Buyers
- Palo Alto Networks
- Targets
- Zingbox
- Industry
- Cybersecurity
- Location
- California, United States
- Transaction Type
- Buyout
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