Palo Alto Networks Expand Israeli Security Portfolio with $625 Million Talon Cyber Security Acquisition: Report

Palo Alto Networks, a leading global cybersecurity company, has announced a definitive agreement to acquire Israeli startup Talon Cyber Security. The startup, known for developing a corporate browser, is set to become part of Palo Alto's mission to secure distributed workforces.

While the exact valuation of the deal was not disclosed in the official announcement, it was reported in The Calcalist that the acquisition is estimated to be around $625 million. This substantial agreement signifies a significant return for the company's investors, considering that in its latest fundraising round, Talon Cyber Security was valued at $350 million.