Announced
Completed
Financials
Tags
consulting firm
Private
security advisory firm
Single Bidder
risk management
Friendly
Acquisition
United States
Management Consulting
Majority
Completed
Domestic
Synopsis
Palo Alto Networks, an American multinational cybersecurity company with headquarters in Santa Clara, completed the acquisition of The Crypsis Group, an incident response, risk management and digital forensics consulting firm, from ZP Group, an organization with a portfolio of companies specializing in breach response, national security solutions and IT staffing, for $265m. "We are excited to welcome The Crypsis Group to Palo Alto Networks. This is a team that has handled the most difficult and complex security incidents. The addition of their consulting services will not only strengthen Cortex XDR and help us protect customers from future cyberattacks but also assist in mitigating the potential impact resulting from a breach," Nikesh Arora, Palo Alto Networks Chairman and CEO.
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