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Talon Cyber Security

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Palo Alto Networks Expands with $625M Acquisition of Talon Cyber Security
technology2 years ago

Palo Alto Networks Expands with $625M Acquisition of Talon Cyber Security

Palo Alto Networks has confirmed its acquisition of Talon Cyber Security, an Israeli startup specializing in building enterprise browsers for securing distributed workforces. The deal, valued at $625 million, marks Palo Alto's second Israeli security acquisition in a week. Talon will be integrated with Palo Alto's Prisma cloud security division. The acquisition comes amidst the ongoing conflict between Israel and Gaza, which has had a chilling effect on the region's technology industry. However, cybersecurity remains a priority for organizations, leading to increased funding and M&A activity in the sector.

Palo Alto Networks Acquires Israeli Cybersecurity Startup Talon for Over $600 Million
business2 years ago

Palo Alto Networks Acquires Israeli Cybersecurity Startup Talon for Over $600 Million

Palo Alto Networks, the world's largest cybersecurity company, is set to acquire Israeli cyber company Talon Cyber Security for an estimated $625 million. This comes shortly after Palo Alto's acquisition of Dig Security for $315 million. The deal is expected to close on Monday, and Talon's 130 employees are estimated to receive around $70-80 million in compensation. Talon Cyber Security, known for its corporate browser TalonWork, has raised a total of $126 million to date and is a major competitor to Island. Palo Alto's Israeli R&D center is its second largest outside of its California headquarters.