Palo Alto Networks Acquires Dig Security

Palo Alto Networks Acquires Demisto

March 28, 2019

Cybersecurity

Palo Alto Networks completed the acquisition of Demisto, a security orchestration, automation and response (SOAR) vendor, to integrate Demisto's automation and AI capabilities into its Cortex security platform. The deal was valued at approximately $560 million in cash and stock and is intended to expand Palo Alto Networks' automated threat prevention and response capabilities for security operations teams.

Palo Alto Networks Acquires Talon Cyber Security

December 28, 2023

Cybersecurity

Palo Alto Networks completed the acquisition of Talon Cyber Security to integrate Talon’s enterprise browser technology into its Prisma SASE offering. The deal extends Palo Alto’s SASE capabilities by protecting managed and unmanaged devices and will make Talon’s Enterprise Browser available to qualified SASE AI customers at no additional cost.

Cobalt Service Partners Acquires Digi Security Systems

July 25, 2024

Industrial Services

Cobalt Service Partners, a commercial access solutions platform backed by Alpine Investors, acquired Digi Security Systems, a Tulsa-based commercial security integrator founded in 2003. Digi will remain led by its current executive team as it becomes part of the Cobalt platform; the deal expands Cobalt's footprint in Oklahoma and Texas and marks the platform's seventh acquisition since December 2023.

Palo Alto Networks Acquires The Crypsis Group

August 24, 2020

Cybersecurity

Palo Alto Networks has entered into a definitive agreement to acquire The Crypsis Group for $265 million in cash, subject to customary adjustments and approvals. The acquisition will integrate Crypsis' incident response, risk management and digital forensics capabilities into Palo Alto Networks' Cortex XDR platform to strengthen detection, response and breach management.

Proofpoint, Inc. Acquires Normalyze

October 29, 2024

Cybersecurity

Proofpoint, Inc. has signed a definitive agreement to acquire Normalyze, a Data Security Posture Management (DSPM) provider. The acquisition will integrate Normalyze's AI-powered DSPM technology into Proofpoint's human-centric security platform to improve discovery, classification and protection of data across SaaS, PaaS, cloud, on‑prem and hybrid environments; the deal is expected to close in November 2024.

Palo Alto Networks Acquires Protect AI

April 28, 2025

Cybersecurity

Palo Alto Networks has acquired Protect AI, a Seattle-based startup that secures AI models and deployments, in a deal announced in 2025 (terms not disclosed; sources pegged the value north of $500 million). The acquisition will fold Protect AI's model scanning, posture management, red teaming, and runtime protection capabilities into Palo Alto's Prisma AIRS platform to expand its AI security offerings for enterprise and government customers.