M&A Deal Summary

Palo Alto Networks Acquires Twistlock

On May 29, 2019, Palo Alto Networks acquired information technology company Twistlock for 410M USD

Acquisition Highlights
  • This is Palo Alto Networks’ 6th transaction in the Information Technology sector.
  • This is Palo Alto Networks’ 5th largest (disclosed) transaction.
  • This is Palo Alto Networks’ 6th transaction in the United States.
  • This is Palo Alto Networks’ 1st transaction in Oregon.

M&A Deal Summary

Date 2019-05-29
Target Twistlock
Sector Information Technology
Buyer(s) Palo Alto Networks
Deal Type Add-on Acquisition
Deal Value 410M USD

Target

Twistlock

Portland, Oregon, United States
Twistlock is a cloud native security platform, providing holistic coverage across hosts, containers, and serverless in a single platform. Twistlock is cloud-native and API-enabled itself, protecting all workloads regardless of what underlying compute technology powers them.

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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 9 of 21
Sector: Information Technology M&A 6 of 11
Type: Add-on Acquisition M&A Deals 9 of 21
State: Oregon M&A 1 of 1
Country: United States M&A 6 of 14
Year: 2019 M&A 3 of 5
Size (of disclosed) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-29 PureSec

Tel Aviv, Israel

PureSec Ltd. engages in serverless architectures security, PureSec enables its customers to build and maintain secure and reliable serverless applications. PureSec’s end-to-end serverless security solution is the industry’s first and most comprehensive security protection for serverless architectures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Zingbox

Mountain View, California, United States

Zingbox, Inc. is an Internet of Things (IoT) lifecycle management solution provider. Zingbox provides a cloud based service to discover, identify, secure and optimize devices, using advanced AI and machine learning technologies. Zingbox, Inc. was founded in and is based in Mountain View, California.

Buy $75M