Network security company Palo Alto Networks (PAN) has acquired behavioral analytics firm LightCyber for $105 million in what it says will help expand its automated threat prevention capabilities. PAN will continue to offer LightCyber products and provide support to existing customers while, at the same time, integrating the company’s technology into its Next-Generation Security Platform.
Gonen Fink of LightCyber says: "We are pleased to join the Palo Alto Networks team, combining our technology innovations and accelerating adoption of behavioral analytics to help organizations bolster their defenses against the advanced and sophisticated adversaries they are facing today."
Palo Alto Networks expects to increase its ability to detect anomalous behavior with the addition of LightCyber's technology.
"The LightCyber team's vision to bring automation and machine learning to bear in addressing the very difficult task of identifying otherwise undetected and often very sophisticated attacks inside the network is well-aligned with our platform approach," says Mark McLaughlin of Palo Alto Networks.
For details, see the acquisition announcement.