Global cybersecurity solutions provider, Palo Alto Networks, has completed its acquisition of Aporeto, a machine identity-based microsegmentation company. Palo Alto Networks has paid approximately $150 million in cash to acquire Aporeto.
With the addition of Aporeto, Palo Alto Networks will add the ability to identify workloads and apply microsegmentation across all infrastructures, helping customers secure their applications at scale. Aporeto was recognized as a Gartner Cool Vendor in Cloud Security in 2018 and named to the 2019 CNBC Upstart 100 list.
“We are excited to officially welcome Aporeto to Palo Alto Networks,” said Nikesh Arora, chairman and CEO of Palo Alto Networks. “Aporeto is a great fit for our company, and its microsegmentation technology will further expand our cloud security capabilities and enhance our Prisma Cloud offerings.”
The acquisition of Aporeto would further strengthen Palo Alto Networks’ Cloud Native Security Platform delivered by Prisma Cloud. Aporeto co-founders Dimitri Stiliadis and Satyam Sinha have agreed to join Palo Alto Networks.
“We have dedicated ourselves to helping organizations securely embrace the cloud,” said Dimitri Stiliadis, co-founder and CTO of Aporeto. “Teaming up with Palo Alto Networks allows us to bring our machine identity-based microsegmentation technology to a large customer base. We are thrilled to join forces to help customers secure their journey to the cloud.”