Palo Alto Networks Buys Cybersecurity Startup Secdo for $100 Million

Palo Alto Networks Buys Cybersecurity Startup Secdo for $100 Million Image Credit: Palo Alto

Palo Alto Networks has entered into an agreement to acquire Israel-based Secdo.

Globes.co.il cited sources close to the deal at Secdo that Palo Alto Networks will pay $100 million mostly in cash but also in shares for the transaction.

The acquisition brings sophisticated endpoint detection and response, or EDR, capabilities – including unique data collection and visualization – to Palo Alto Networks Traps advanced endpoint protection and the Application Framework in order to enhance their ability to rapidly detect and stop even the stealthiest attacks.

Secdo's team of engineers will complement the deep security expertise and innovation inside the Palo Alto Networks research and development organization.

The company's thread-level approach to data collection and visualization goes far beyond traditional EDR methods, which only collect general event data, hamstringing security operations teams as they try to reconstruct each step of an attack and distinguish malicious activity from normal.

Once integrated with Traps and the Palo Alto Networks platform, this rich data will feed into the Logging Service and give applications running in the Palo Alto Networks Application Framework greater precision to visualize, detect and stop cyberattacks.

Mark McLaughlin, Chairman and CEO, Palo Alto Networks
We believe security operations teams need the most advanced and consistent approach to endpoint security. With Secdo's EDR capabilities as part of our platform, we will accelerate our ability to detect and prevent successful cyberattacks across the cloud, endpoint, and network.

Shai Morag, Co-Founder and CEO, Secdo
The combined capabilities of Secdo and Palo Alto Networks will provide customers the capabilities they need to swiftly and accurately detect and respond to cyberattacks.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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