Cloudflare Acquires BastionZero, Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Cloudflare has acquired BastionZero, though the terms of the deal were not disclosed. This acquisition is expected to enhance Cloudflare's security offerings.
May 30, 2024 | 12:10 pm
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Cloudflare's acquisition of BastionZero is likely to enhance its security offerings, potentially making its services more attractive to customers.
The acquisition of BastionZero by Cloudflare is a strategic move to bolster its security capabilities. This could lead to increased customer interest and potentially higher revenues, positively impacting the stock price in the short term.
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