Palo Alto Buys Zingbox
Palo Alto buys Zingbox.
Palo Alto Networks buys Zingbox for $75 million.
Zingbox is a startup hatched at Stanford University that uses machine learning to detect hacking attempts. Even fish tanks have been used to hack into enterprises and move laterally across networks.
Zingbox’s cloud-based service and machine learning tech for device and threat i-D will speed Palo Alto’s delivery of Internet of Things security through its Firewall and Cortex™ platforms. Organizations gain added visibility and security in their Internet of Things landscape with automated always-on prevention.
Nikesh Arora of Palo Alto Networks said: ‘The proliferation of IoT devices in enterprises has left customers facing an enormous gap in protection against cybersecurity attacks. With the proposed acquisition of Zingbox, we will provide a first-of-its-kind subscription for our Next-Generation Firewall and Cortex platforms that gives customers the ability to gain control, visibility, and security of their connected devices at scale.’
Xu Zou of Zingbox said: ‘Our vision has always been to make sure organizations realize the full benefits of IoT devices without sacrificing security. By joining forces with Palo Alto Networks, we will be able to secure connected devices at scale to help organizations embrace digital transformation.’
Zingbox co-founders, Xu Zou, May Wang, and Jianlin Zeng will join Palo Alto Networks.
Morrison & Foerster served as legal adviser to Palo Alto Networks.
Palo Alto Networks buys Zingbox for $75 million.
Zingbox is a startup hatched at Stanford University that uses machine learning to detect hacking attempts. Even fish tanks have been used to hack into enterprises and move laterally across networks.
Zingbox’s cloud-based service and machine learning tech for device and threat i-D will speed Palo Alto’s delivery of Internet of Things security through its Firewall and Cortex™ platforms. Organizations gain added visibility and security in their Internet of Things landscape with automated always-on prevention.
Nikesh Arora of Palo Alto Networks said: ‘The proliferation of IoT devices in enterprises has left customers facing an enormous gap in protection against cybersecurity attacks. With the proposed acquisition of Zingbox, we will provide a first-of-its-kind subscription for our Next-Generation Firewall and Cortex platforms that gives customers the ability to gain control, visibility, and security of their connected devices at scale.’
Xu Zou of Zingbox said: ‘Our vision has always been to make sure organizations realize the full benefits of IoT devices without sacrificing security. By joining forces with Palo Alto Networks, we will be able to secure connected devices at scale to help organizations embrace digital transformation.’
Zingbox co-founders, Xu Zou, May Wang, and Jianlin Zeng will join Palo Alto Networks.
Morrison & Foerster served as legal adviser to Palo Alto Networks.
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