Palo Alto Networks Announces Intent to Acquire Secdo

Palo Alto Networks® (NYSE: PANW), the next-generation security company, announced that it has entered into a definitive agreement to acquire Israel-based Secdo. The acquisition brings sophisticated endpoint detection and response, or EDR, capabilities – including unique data collection and visualization – to Palo Alto Networks Traps™ advanced endpoint protection and the Application Framework in order to enhance their ability to rapidly detect and stop even the stealthiest attacks.

Secdo’s team of elite engineers will complement the deep security expertise and innovation inside the Palo Alto Networks research and development organization. The company’s thread-level approach to data collection and visualization goes far beyond traditional EDR methods, which only collect general event data, hamstringing security operations teams as they try to reconstruct each step of an attack and distinguish malicious activity from normal. Once integrated with Traps and the Palo Alto Networks platform, this rich data will feed into the Logging Service and give applications running in the Palo Alto Networks Application Framework greater precision to visualize, detect and stop cyberattacks.

“We believe security operations teams need the most advanced and consistent approach to endpoint security. With Secdo’s EDR capabilities as part of our platform, we will accelerate our ability to detect and prevent successful cyberattacks across the cloud, endpoint, and network.” Said Mark McLaughlin, chairman and CEO of Palo Alto Networks

“We are delighted to join the Palo Alto Networks team. We founded Secdo to dramatically increase visibility for security operations teams to reduce the time it takes to detect and respond to an alert. The combined capabilities of Secdo and Palo Alto Networks will provide customers the capabilities they need to swiftly and accurately detect and respond to cyberattacks.” Said Shai Morag, co-founder and CEO of Secdo.

The acquisition is expected to close during Palo Alto Networks fiscal third quarter, subject to satisfaction of customary closing conditions. Terms of the acquisition were not disclosed.