Company building out Prisma portfolio through acquisitions
Palo Alto Networks is bulking up its cloud security capabilities with the planned acquisition of Aporeto, a 4-year-old company whose product portfolio includes a distributed firewall, cloud-based privileged access management (PAM), and an identity-aware proxy.
The Lowdown: Palo Alto this week is spending $150 million for Aporeto to bolster its Prisma Cloud suite of cloud security tools. The deal is expected to close early next year.
The Details: Palo Alto, which made its bones as a network security vendor, unveiled the Prisma portfolio in May as a simpler way to enable access, data protection, and application security in cloud environments. The Prisma suite includes Prisma Access, a secure access service edge (SASE) securing connecting mobile users, branch offices, and other aspects of a distributed environment, and Prisma Cloud, a cloud-native security platform.
There also is Prisma SaaS to protect Software-as-a-Service applications and VM-Series next-generation firewalls. Aporeto will add such capabilities as network microsegmentation, PAM for cloud resources and infrastructure, and Kubernetes for container orchestration.
Background: Aporeto is the latest acquisition of a cloud-security vendor by Palo Alto. The company last year bought Evident.io for cloud infrastructure protection and RedLock for $173 million for cloud threat defense. This year Palo Alto scooped up Twistlock for container security and PureSec for serverless protection.
The Buzz: “We are thrilled to welcome Aporeto to the Palo Alto Networks family,” said Palo Alto Chairman and CEO Nikesh Arora. “We believe the addition of Aporeto’s unique machine identity technology will further enhance our leading Prisma Cloud capabilities and strengthen our commitment to helping customers secure their journey to the cloud.”
“We have dedicated ourselves to helping organizations securely embrace the cloud,” said Dimitri Stiliadis, Aporeto’s co-founder and CTO. “Teaming up with Palo Alto Networks allows us to bring our machine identity-based microsegmentation technology to a large customer base.”