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New Deal


Announced

Completed

Palo Alto Networks completed the acquisition of Talon Cyber Security for $630m.

Financials

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Transaction Value£496m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Israel

cybersecurity solutions

Acquisition

Security Services

Cross Border

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Palo Alto Networks, a provider of network security solutions, completed the acquisition of Talon Cyber Security, a cybersecurity solution for the distributed workforce, for $630m. "We are thrilled to welcome Talon to Palo Alto Networks. Most work today occurs via web browsers, often on unmanaged devices, which poses enormous security risks. Through the seamless integration of Talon's Enterprise Browser with Prisma SASE, we will be elevating our best-in-class solution that helps provide ironclad security and data protection for all users across all applications and from any device or location. Additionally, we plan to extend Talon's cutting-edge Enterprise Browser technology to our qualified SASE AI customers at no additional cost," Nikesh Arora, Palo Alto Networks Chairman and CEO.

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