SecurityWorldMarket

06/03/2017

Palo Alto acquires Lightcyber for $105 M

Santa Clara, Ca (USA)

Palo Alto Networks has acquired Lightcyber, a privately held cyber security company that has developed award-winning, highly automated and accurate behavioural analytics technology. Under the terms of the agreement, Palo Alto Networks has acquired Lightcyber for $105 million in cash.

Recognised by Gartner in two recent market guides, Lightcyber has been leading the industry in the development of automated behavioural analytics capabilities, using sophisticated machine learning to quickly, efficiently and accurately identify attacks based on identifying behavioral anomalies inside the network.

Palo Alto Networks will continue to offer the Lightcyber products and support existing customer implementations while it engineers the technology into the Palo Alto Networks Next-Generation Security Platform by the end of the calendar year. Bringing behavioural analytics to the platform will enhance its automated threat prevention capabilities and the ability for customer organisations to prevent cyber breaches throughout the entire attack life cycle.

"The Lightcyber team's vision to bring automation and machine learning to bear in addressing the very difficult task of identifying otherwise undetected and often very sophisticated attacks inside the network is well-aligned with our platform approach. This technology will complement the existing automated threat prevention capabilities of our platform to help organisations not only improve but also scale their security protections to prevent cyber breaches."  says Mark McLaughlin, chairman and CEO of Palo Alto Networks.

"Palo Alto Networks has been driving a paradigm shift in the security industry with its natively engineered and highly automated Next-Generation Security Platform designed to change the equation in how organisations prevent cyber breaches. We are pleased to join the Palo Alto Networks team, combining our technology innovations and accelerating adoption of behavioural analytics to help organisations bolster their defenses against the advanced and sophisticated adversaries they are facing today."  said Gonen Fink, CEO of Lightcyber.


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