Palo Alto Networks completed the acquisition of Cider Security for $195m.

Palo Alto Networks, a global cybersecurity firm, completed the acquisition of Cider Security, a pioneer in application security and software supply chain security, for $195m. "Any organization using public cloud has an application infrastructure with hundreds of tools and applications that can access their code and yet, they have limited visibility to their configuration or if they are secured. Cider has made it possible to connect into infrastructure, analyze the tools, and identify the risks, as well as how to remediate them. We are acquiring Cider for their innovation that will help enable Prisma Cloud to provide this capability that anyone doing cloud operations has to have," Lee Klarich, Palo Alto Networks Chief Product Officer.