Acquiring Company
Palo Alto Networks
Acquired Company
Cider Security
Description
Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain security. Modern applications are developed rapidly through continuous integration and continuous delivery (CI/CD) pipelines, but security at this stage of the application lifecycle is inconsistent, siloed or worse: simply absent. According to Gartner®, by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains, a three-fold increase from 20211. With the addition of Cider's cutting-edge capabilities, Palo Alto Networks Prisma® Cloud platform helps customers "shift security left" to proactively prevent threats and vulnerabilities before applications are deployed in production cloud environments.
Quick answer
Palo Alto Networks is acquiring Cider Security, announced December 20, 2022. Palo Alto Networks is based in Santa Clara, California, United States.
- How much did Palo Alto Networks pay for Cider Security?
- The deal value was not disclosed.
- What does Palo Alto Networks do?
- Palo Alto Networks is the world's cybersecurity leader.
- Where are Palo Alto Networks and Cider Security based?
- Palo Alto Networks is based in Santa Clara, California, United States.
- Who are the decision-makers at Palo Alto Networks?
- Fundz holds 4 contacts at Palo Alto Networks. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Security and Cyber Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Algosec Acquires Prevasio To Disrupt The Agentless Cloud Security Market (December 6, 2022)
- Open Systems Acquires Tiberium For Automation And Collaboration Technology To Mitigate Cyberthreats With Greater Speed And Accuracy (November 29, 2022)
- Threatlocker Acquires Third Wall To Provide Better Endpoint Protection For Managed Service Providers (November 14, 2022)
- Vista Equity Partners Completes Acquisition Of Knowbe4 (February 1, 2023)
- Ae Industrial Partners Acquires A Significant Stake In Redlattice (January 26, 2023)
- Gorilla Technology Group Completes Asset Acquisition Of Seequestor (January 18, 2023)
Who to call at Palo Alto Networks, and when
When Palo Alto Networks changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Palo Alto Networks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Palo Alto Networks, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Cider Security?
Cider Security was acquired by Palo Alto Networks, based in Santa Clara. The deal was reported on December 20, 2022. Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. Palo Alto Networks is publicly traded (PANW) and operates in Information Technology.
When did Palo Alto Networks acquire Cider Security?
Palo Alto Networks's acquisition of Cider Security was reported on December 20, 2022. Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain security. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cider Security do?
Dreaming about a world without application security vulnerabilities? Wake up to Cider Security's world-first AppSec operating system - learn more details here! It is privately held.
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