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Announced

Completed

Zscaler completed the acquisition of ShiftRight.

Financials

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

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Single Bidder

automation solutions

Auto Technology

Domestic

Private

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United States

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Acquisition

Completed

Synopsis

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Zscaler, a cloud security firm, completed the acquisition of ShiftRight, a security workflow automation firm. Financial terms were not disclosed. “I am excited to welcome the ShiftRight team into the Zscaler family. The decision to acquire ShiftRight was the logical next step because we saw the immense benefits of their technology during our pre-existing technology partnership. We will now extend the value of Zscaler’s platform with ShiftRight by simplifying IT and security operations through security workflow automation. The integration of ShiftRight’s technology into Zscaler’s cloud platform will help customers establish clear lines of responsibility and provide real-time visibility for their security posture," Jay Chaudhry, Zscaler CEO, Chairman and Founder.

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