Cloudflare completed the acquisition of Area 1 Security for $162m.

Cloudflare, an IT services provider, completed the acquisition of Area 1 Security, a cybersecurity company, for $162m. "By combining our leading phishing protection and threat intelligence capabilities with Cloudflare’s global network, data capabilities, and Zero Trust platform we truly believe that together we can help companies of any size better secure their entire network infrastructure and better protect against the most destructive cyber risks,” Patrick Sweeney, Area 1 Security President and CEO.