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Announced

Palo Alto Networks to acquire Aporeto for c.$150m.

Financials

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Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

United States

Pending

software solutions

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Software

Majority

Synopsis

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Palo Alto Networks, a provider of network security solutions, agreed to acquire Aporeto, a provider of software solutions, for c.$150m. "We are thrilled to welcome Aporeto to the Palo Alto Networks family. We believe the addition of Aporeto's unique machine identity technology will further enhance our leading Prisma Cloud capabilities and strengthen our commitment to helping customers secure their journey to the cloud," Nikesh Arora, Palo Alto Networks, Chairman and CEO.

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