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Palo Alto in advanced talks to buy Talon and Dig in a $1B security sweep

TechCrunch · 1y

Palo Alto Networks is reportedly in talks to acquire two Israeli security startups, Talon Cyber Security and Dig Security, for a combined total of around $1 billion. Talon Cyber Security has developed an enterprise browser for securing distributed workforces, while Dig Security specializes in data security across public clouds. The potential acquisitions reflect the ongoing demand for cybersecurity services and highlight the trend of larger companies acquiring smaller startups to stay ahead of evolving cyber threats. The deals could bolster Palo Alto Networks' portfolio and competitiveness in the cybersecurity market.