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Palo Alto Networks® Acquires CirroSecureSANTA CLARA, Calif., May 27, 2015 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the leader in enterprise security, today announced it has acquired CirroSecure, a Silicon Valley-based company with a highly differentiated approach to securing Software as a Service (SaaS) applications. The Palo Alto Networks Enterprise Security Platform provides the industry's leading ability to safely enable applications and prevent cyber threats from compromising an organization's data and infrastructure. A key attribute of the platform is the ability to secure high risk, unsanctioned applications by providing superior visibility and control. The addition of the CirroSecure technology to the Palo Alto Networks platform expands this functionality by providing additional security for SaaS applications such as Box, Dropbox, GitHub, Google Drive, and salesforce.com that are highly collaborative, yet often store some of an organization's most sensitive data. QUOTES
Until now, the tools haven't existed to effectively manage and secure SaaS applications. The CirroSecure technology offers a highly differentiated approach to securing these applications by providing complete visibility across all user, folder, and file activity while applying deep analytics into day-to-day usage to quickly determine if any policy or data security violations have occurred. These violations are prevented through the use of granular, context-aware policies that allow organizations to quickly quarantine users and data as soon as a violation has occurred to prevent loss of sensitive data. Availability To learn more about the new Palo Alto Networks SaaS technology, visit: http://go.paloaltonetworks.com/saassecurity. To learn more about the Palo Alto Networks Enterprise Security Platform, visit: ABOUT PALO ALTO NETWORKS Palo Alto Networks and the Palo Alto Networks Logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners. SAFE HARBOR There are a significant number of factors that could cause actual results to differ materially from statements made in this presentation, including the failure to achieve expected synergies and efficiencies of operations between Palo Alto Networks and CirroSecure; the ability of Palo Alto Networks and CirroSecure to successfully integrate their respective market opportunities, technology, products, personnel and operations; the failure to timely develop and achieve market acceptance of combined products and services; the potential impact on the business of CirroSecure as a result of the acquisition; the ability to coordinate strategy and resources between Palo Alto Networks and CirroSecure; the ability of Palo Alto Networks and CirroSecure to retain and motivate key employees of CirroSecure; Palo Alto Networks' limited operating history and experience with integrating acquired companies; risks associated with Palo Alto Networks' rapid growth, particularly outside the United States; rapidly evolving technological developments in the market for network security products; and general market, political, economic and business conditions. Additional risks and uncertainties are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in the company's quarterly report on Form 10-Q filed with the SEC on March 3, 2015, which is available on the company's website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that the company makes with the SEC from time to time. All forward-looking statements in this presentation are based on information available to the company as of the date hereof, and Palo Alto Networks does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Logo - http://photos.prnewswire.com/prnh/20130508/SF04701LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/palo-alto-networks-acquires-cirrosecure-300089572.html SOURCE Palo Alto Networks |