Zscaler Acquires Canonic Security

February 14, 2023

Zscaler, Inc. announced it will acquire Canonic Security, an Israel-based SaaS application security startup that provides SaaS supply chain visibility and governance. The acquisition will integrate Canonic’s capabilities into Zscaler’s CASB and SSPM offerings to strengthen SaaS supply chain security and data protection; terms were not disclosed and the deal is expected to close after Zscaler’s fiscal second quarter subject to customary closing conditions.

Buyers
Zscaler, Inc.
Targets
Canonic Security
Industry
Cybersecurity
Location
Israel
Transaction Type
Buyout

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