Palo Alto Networks, the global cybersecurity leader, announced that it has signed an agreement to acquire cloud threat defense firm RedLock for $173 million in cash.
Founded in 2015, RedLock is made up of security experts and former entrepreneurs of successful cloud security companies. RedLock co-founders, Varun Badhwar and Gaurav Kumar, will join Palo Alto Networks.
Palo Alto Networks already provides a broad security offering for multi-cloud environments with inline, host-based, and API-based security, which was bolstered by the acquisition of Evident.io in March 2018.
