Palo Network to Acquire CloudGenix for $420 Million

Palo Network, acquisition, CloudGenix, SD-WAN, SASE
Palo Network to Acquire CloudGenix for $420 Million

Palo Network has announced the acquisition of SD-WAN provider CloudGenix. The deal is worth $420 million. Palo Alto Networks plans to integrate CloudGenix’s cloud-managed SD-WAN products into Prisma Access, its SASE platform. The main aim of the company is to shift the industry from SD-WAN to SASE. The combined platform will provide customers with a complete SASE offering. The acquisition is expected to close in the fourth quarter, subject to customary regulatory approvals.

Google Cloud Partners with Palo Alto, Fortinet, and More to Boost Security

Source: https://www.zdnet.com/article/palo-alto-networks-to-acquire-cloudgenix-for-420-million/