M&A Deal Summary

Zscaler Acquires Appsulate

On May 30, 2019, Zscaler acquired information technology company Appsulate

Acquisition Highlights
  • This is Zscaler’s 2nd transaction in the Information Technology sector.
  • This is Zscaler’s 2nd transaction in the United States.
  • This is Zscaler’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-05-30
Target Appsulate
Sector Information Technology
Buyer(s) Zscaler
Deal Type Add-on Acquisition

Target

Appsulate

Boston, Massachusetts, United States
website
Appsulate is a web isolation platform that secures SaaS apps from data exfiltration and shields corporate endpoints from web-borne threats. It sends only pixels to the browser, preventing data exfiltration from business apps or exposure to malicious web content. IT gains peace of mind with GDPR and HIPAA compliance and visibility into end user activity. Appsulate runs in the cloud, accessible from any web browser.

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Buyer(S) 1

Buyer

Zscaler

San Jose, California, United States

website

Category Company
Founded 2007
Sector Internet Software and Services
Employees2,020
Revenue 431M USD (2020)
DESCRIPTION

Zscaler enables the world’s 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 2 of 8
Sector (Information Technology) 2 of 4
Type (Add-on Acquisition) 2 of 8
State (Massachusetts) 1 of 2
Country (United States) 2 of 6
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-24 TrustPath

Palo Alto, California, United States

TrustPath developed artificial intelligence-based algorithms through machine learning to identify new threats, resulting in enhanced security efficacy and accelerated incident response.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-09 Cloudneeti

Redmond, Washington, United States

Cloudneeti is a Cloud Security Posture Management (CSPM) company. Cloudneeti expands application protection capabilities by allowing developers to find and automatically correct misconfigured applications and compliance violations in cloud service provider environments.

Buy -
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