Palo Alto Networks this negotiating the acquisition of Israeli cybersecurity companies Talon and Dig. According to Techcrunch, the price that the company would pay for each of them is between 300 and 400 million dollars.
Talon Cyber Security has raised $143 million in funding to date, while Dig Security has raised $45 million. The first has developed a web browser for companies designed specifically to offer security to company staff working at different points. The second is a specialist in data security in public clouds. Apparently, the negotiations for the acquisition of both are not closed yet, although they are in a very advanced phase
Both Talon and Dig work in newly developing areas and themes within the security market, making them very attractive to large technology buyers. Just what is happening with these negotiations. In addition, there would be other companies interested in acquiring them before Palo Alto Networks appeared with its purchase offers.
Dig’s commitment to securing data in the cloud, working with fragmented data distributed among several clouds, is part of an area of the IT sector that is rapidly growing. The cloud is one of the areas in which companies’ investment has not decreased, but has increased.
For its part, Talon’s focus on developing secure browsers from the ground up, with which large companies will be able to access all their apps and services, but with security at the center, is still quite new, but it has begun to take off. gain popularity among large companies.
Remains to be seen whether both negotiations will prosper, and if so, the conditions of the purchases. But also how Palo Alto Networks will integrate its product portfolio, which in recent years has multiplied its portfolio of products and services significantly, especially through acquisitions of other companies.