Palo Alto Networks Announces Intent To Acquire Cloud Security Start-Up Dig Security; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Palo Alto Networks has announced its intention to acquire cloud security start-up Dig Security. The financial terms of the deal have not been disclosed.
October 31, 2023 | 12:09 pm
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Palo Alto Networks is set to acquire Dig Security, which could potentially enhance its cloud security offerings.
The acquisition of Dig Security could potentially enhance Palo Alto Networks' cloud security capabilities. This could make their offerings more attractive to potential customers, potentially leading to increased revenues and a positive impact on the stock price. However, as the financial terms have not been disclosed, the exact impact on the company's financials is uncertain.
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