التكنولوجيا وأخبارها بوابة الإمارات لتكنولوجيا المعلومات والإتصالات
Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that it
has entered into a definitive agreement to acquire CloudGenix, Inc., an industry-leading
cloud-delivered SD-WAN provider. Under the terms of the agreement, Palo Alto Networks
will pay approximately $420 million in cash to acquire CloudGenix, subject to adjustments.
The acquisition is expected to close during Palo Alto Networks’ fiscal fourth quarter,
subject to the satisfaction of regulatory and customary closing conditions.
As applications continue to move from corporate data centers to the cloud and SaaS, and
users require secure access to applications from anywhere in the world, organizations are
struggling to manage access for the distributed workforce. Current remote access solutions
for the branch and retail offices are complex, costly and often insecure. To support the
modern workforce, organizations need access to all applications from all locations,
delivered via a global network as a service for accelerated access, and with integrated
world-class security from the cloud. This is what the industry calls “secure access service
edge,” or SASE.
Palo Alto Networks Prisma™ Access is the industry’s most comprehensive SASE platform,
delivering a global cloud network with cloud-delivered security for all users. With the
proposed acquisition, Palo Alto Networks will integrate CloudGenix’s cloud-managed SD-
WAN products to accelerate the intelligent onboarding of remote branches and retail stores
into Prisma Access. This combination will extend the breadth of the Prisma Access SASE
platform, address network and security transformation requirements, and accelerate the
shift from SD-WAN to SASE.
CloudGenix has attracted approximately 250 customers, many of which are in the Fortune 1000 and include companies in healthcare, retail, manufacturing, finance, banking, tech and hospitality. CloudGenix was named a 2020 Gartner Peer Insights Customers’ Choice for WAN Edge Infrastructure. CloudGenix co-founders, Kumar Ramachandran, Mani Ramasamy and Venkataraman Anand, have agreed to join Palo Alto Networks.
Quotes:
“As the enterprise becomes more distributed, customers want agile solutions that just work, and that applies to both security and networking. Upon the close of the transaction, the combined platform will provide customers with a complete SASE offering that is best-in-class, easy to deploy, cloud-managed, and delivered as a service.”
– Nikesh Arora, chairman and CEO, Palo Alto Networks
“CloudGenix’s vision has been to revolutionize branch offices through cloud-delivered
Autonomous WANs. With CloudGenix, enterprises gain cloud-scale economics for the
branch office with the freedom to use any WAN, any cloud, and best-of-breed infrastructure
services. We thank our customers for making us an industry leader in enterprise SD-WAN.
By joining forces with Palo Alto Networks, we will accelerate our ability to serve customers
and partners in their network and security transformation.”
– Kumar Ramachandran, co-founder and CEO, CloudGenix
