Palo Alto Networks acquires cybersecurity startup Twistlock

Global cybersecurity company Palo Alto Networks announced that it entered into a definitive agreement to acquire the cybersecurity startup Twistlock in a $410 million acquisition deal. Headquartered in the United States, Twistlock provides comprehensive Cloud Native Security to the enterprises. The latest acquisition integrates Twistlock’s technology, which focuses on securing IT infrastructure tools, with the Palo Alto Networks’ Prisma cloud security product. The company claims that it sells cloud computing cybersecurity tools to major companies like Aetna, Walgreens, USAA, Workiva, and GridSapce. Founded in 2005, Palo Alto Networks covers several segments like firewalls, cloud-monitoring and compliance, endpoint protection, and threat detection services. The Santa Clara-based company stated the latest acquisition deal will bring it closer to using AI and machine learning to help further automate significant parts of the company’s customers’ security operations.