Announced

Completed

WatchGuard Technologies completed the acquisition of Panda Security.

Synopsis

WatchGuard Technologies, a provider of network security and intelligence, secure Wi-Fi and multi-factor authentication, completed the acquisition of Panda Security, a Spanish company that specializes in creating products for IT security. Financial terms were not disclosed. “The completed acquisition of Panda Security, and the subsequent integration of its portfolio into WatchGuard Cloud, represents a significant milestone for the company and will result in both immediate and long-term benefits for our customers and partners that will address common challenges with security complexity, rapidly changing network topologies, purchasing models, and more,” Prakash Panjwani, WatchGuard CEO.

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