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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