Palo Alto Networks recently announced the acquisition of Talon Cyber Security, an Israeli-based startup, without disclosing the purchase value. This deal marks the second acquisition for Palo Alto Networks in the security startup space within a month, following the acquisition of Dig Security.
Talon Cyber Security is the developer of the Enterprise Browser, a Chromium-based browser designed to control hybrid work environments’ security. As more and more applications within organizations shift to web-based platforms, there is a growing need for comprehensive security controls. Talon Cyber Security’s solution addresses this by providing centralized security management and supporting BYOD devices. Additionally, it prioritizes employee privacy for personal usage.
Palo Alto Networks plans to incorporate the Enterprise Browser technology into their Prisma SASE platform, enabling centralized management and administration.
According to TechCrunch, this deal is estimated to be worth approximately $625 million.
TLDR: Palo Alto Networks has acquired Talon Cyber Security, an Israeli startup specializing in hybrid work environment security, including the development of the Enterprise Browser. The undisclosed deal value is approximately $625 million. This acquisition bolsters Palo Alto Networks’ security offerings and aligns with their plans for centralized management within their Prisma SASE platform.