M&A Deal Summary

Palo Alto Networks Acquires Evident.io

On March 26, 2018, Palo Alto Networks acquired internet software and services company Evident.io

Acquisition Highlights
  • This is Palo Alto Networks’ 1st transaction in the Internet Software and Services sector.
  • This is Palo Alto Networks’ 3rd transaction in the United States.
  • This is Palo Alto Networks’ 3rd transaction in California.

M&A Deal Summary

Date 2018-03-26
Target Evident.io
Sector Internet Software and Services
Buyer(s) Palo Alto Networks
Deal Type Add-on Acquisition

Target

Evident.io

Pleasanton, California, United States
Evident.io is a provider of public cloud services infrastructure protection. Evident was founded in 2013 and is based in Pleasanton, California.

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Buyer(S) 1

Buyer

Palo Alto Networks

Santa Clara, California, United States

Category Company
Founded 2005
Sector Information Technology
Employees15,166
Revenue 8.0B USD (2024)
DESCRIPTION
Palo Alto Networks' corporate headquarters in Santa Clara, California.
Palo Alto Networks' corporate headquarters in Santa Clara, California.

Palo Alto Networks is a cybersecurity company that provides a range of security products and services to businesses and organizations. The company's products include network security, cloud security, and endpoint protection, among others. Palo Alto Networks was founded in 2005 and is headquartered in Santa Clara, California.


DEAL STATS #
Overall 5 of 21
Sector: Internet Software and Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 5 of 21
State: California M&A 3 of 9
Country: United States M&A 3 of 14
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 LightCyber

Ramat Gan, Israel

LightCyber Ltd. is a cybersecurity company, that has developed automated and accurate behavioral analytics technology.

Buy $105M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-10 Secdo

New York, New York, United States

Secdo Ltd. is an automated endpoint security platform that detects, investigates and responds to cyber attacks. Secdo Ltd. was founded in 2015 and is based in New York, New York.

Buy -