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Palo Alto Networks to accumulate CloudGenix for $420 million

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Palo Alto Networks mentioned on Tuesday that it plans to accumulate software-defined wide-area networking (SD-WAN) supplier CloudGenix for $420 million. CloudGenix competes with Cisco and different incumbents within the SD-WAN area, concentrating on giant enterprises that have to handle community site visitors at department places of work.

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With the acquisition, Palo Alto Networks mentioned it plans to combine CloudGenix’s cloud-managed SD-WAN merchandise into Prisma Entry, its safe entry service edge (SASE) platform. In the end, the purpose is to shift the business from SD-WAN to SASE, the corporate mentioned.

“Because the enterprise turns into extra distributed, prospects need agile options that simply work, and that applies to each safety and networking,” mentioned Palo Alto Networks CEO Nikesh Arora. “Upon the shut of the transaction, the mixed platform will present prospects with an entire SASE providing that’s best-in-class, straightforward to deploy, cloud-managed, and delivered as a service.”

Palo Alto’s Prisma portfolio has been a serious focus for the corporate since its launch a yr in the past. With Prisma Entry, organizations can safe entry to the cloud for department places of work and cell customers anyplace on this planet with a scalable, cloud-native structure. It runs on Google Cloud Platform and incorporates a streamlined cloud administration UI for speedy onboarding of branches and customers. It additionally options capabilities particularly designed for service suppliers to allow the speedy provisioning of safe outbound web connectivity for his or her prospects.

Final week the corporate introduced new options for Prisma Cloud centered on giving DevOps and SecOps groups extra visibility and improved safety throughout the expertise stack. 

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