M&A Deal Summary

Zscaler Acquires SplxAI

On November 3, 2025, Zscaler acquired software company SplxAI

Acquisition Highlights
  • This is Zscaler’s 1st transaction in the Software sector.
  • This is Zscaler’s 8th transaction in the United States.
  • This is Zscaler’s 1st transaction in Delaware.

M&A Deal Summary

Date 2025-11-03
Target SplxAI
Sector Software
Buyer(s) Zscaler
Deal Type Add-on Acquisition

Target

SplxAI

Dover, Delaware, United States
SplxAI provides automated and continuous red-teaming solutions for conversational and generative AI applications. SplxAI is based in Dover, Delaware.

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Buyer(S) 1

Buyer

Zscaler

San Jose, California, United States

Category Company
Founded 2007
Sector Internet Software and Services
Employees7,348
Revenue 2.2B USD (2024)
DESCRIPTION

Zscaler enables major organizations to securely transform their networks and applications for a mobile and cloud-first world. Zscaler flagship services, Zscaler Internet Access, and Zscaler Private Access create fast, secure connections between users and applications, regardless of device, location, or network. Zscaler was founded in 2007 and is based in San Jose, California.


DEAL STATS #
Overall 10 of 10
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 10
State: Delaware M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-27 Red Canary

Denver, Colorado, United States

Red Canary is a provider of Detection and Response solutions that continuously monitor, analyze, and investigates organizations’ systems for cybersecurity threats. The Managed Detection and Response solution combines industry-defining technology, process, and expertise to accurately detect threats that bypass other security tools. Red Canary was founded in 2013 and is based in Denver, Colorado.

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