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 Palo Alto Networks, the Nasdaq-listed, diversified cybersecurity firm, has confirmed its intention to acquire secure enterprise browser startup Talon Cyber Security and cloud security vendor Dig Security, both based in Tel-Aviv, Israel.
 
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 Talon&rsquo;s secure browser will be combined with Palo Alto&rsquo;s Prisma SASE solution to enable remote access to enterprise assets from any device via the web, with consistent security controls across all endpoints and applications.
 
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 Dig Security focuses on data security posture management (DSPM) tooling, which Palo Alto says it plans to incorporate into its Prisma Cloud platform to offer a comprehensive code-to-cloud protection solution.
 
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 The company has not disclosed the particulars of either acquisition, though unofficial reports put the Dig Security acquisition between USD 300 million&ndash;400 million, while the Talon deal is reported to be around ~USD 625 million.
 
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 Analyst QuickTake:
 Rumors of the 
 <a href="https://sp-edge.com/updates/22059">
 Talon
 </a>
 and 
 <a href="https://sp-edge.com/updates/22274">
 Dig Security
 </a>
 deals first began circulating in September 2023, and the acquisitions will be Palo Alto&rsquo;s first and second in over nine months, having previously acquired 13 companies since 2018. The confirmation of these deals also mark a continuing trend of cybersecurity heavyweights acquiring Israeli startups, including 
 <a href="https://sp-edge.com/companies/75532">
 CrowdStrike
 </a>
 
 <a href="https://sp-edge.com/updates/22014">
 acquiring
 </a>
 ASPM firm 
 <a href="https://sp-edge.com/companies/1216517">
 Bionic
 </a>
 , 
 <a href="https://sp-edge.com/companies/87790">
 Tenable
 </a>
 &rsquo;s 
 <a href="https://sp-edge.com/updates/21651">
 acquisition
 </a>
 of identity-focused cloud security company 
 <a href="https://sp-edge.com/companies/897377">
 Ermetic
 </a>
 , and 
 <a href="https://sp-edge.com/companies/5692">
 Check Point
 </a>
 &rsquo;s 
 <a href="https://sp-edge.com/updates/21630">
 acquisition
 </a>
 of 
 <a href="https://sp-edge.com/companies/1747107">
 Atmosec
 </a>
 .
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://www.prnewswire.com/news-releases/palo-alto-networks-announces-intent-to-acquire-enterprise-browser-start-up-talon-cyber-security-301978466.html">
 Press release - Talon Cyber
 </a>
 
 
 <a href="https://www.prnewswire.com/news-releases/palo-alto-networks-announces-intent-to-acquire-cloud-security-start-up-dig-security-301972324.html">
 Press release - Dig Security
 </a>
 
 
 <a href="https://techcrunch.com/2023/11/06/confirmed-palo-alto-has-acquired-talon-cyber-security-sources-say-for-625m/">
 TechCrunch
 </a>
 
 
 
</div>

Next-gen Cybersecurity

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

<div>
 Palo Alto Networks, a leading cybersecurity firm, aims to acquire Talon Cyber Security and Dig Security. Both companies are based in Tel Aviv, Israel. Talon’s browser will merge with Palo Alto’s Prisma SASE to enable secure remote access, while Dig Security’s data security tools will be integrated into Palo Alto’s Prisma Cloud platform. The acquisition costs are undisclosed, but estimations put Dig Security's price between USD 300-400 million, and Talon at around USD 625 million.
</div> Analyst QuickTake: Rumors of the <a href="https://sp-edge.com/updates/22059"> Talon </a> and <a href="https://sp-edge.com/updates/22274"> Dig Security </a> deals first began circulating in September 2023, and the acquisitions will be Palo Alto’s first and second in over nine months, having previously acquired 13 companies since 2018. The confirmation of these deals also mark a continuing trend of cybersecurity heavyweights acquiring Israeli startups, including <a href="https://sp-edge.com/companies/75532"> CrowdStrike </a> <a href="https://sp-edge.com/updates/22014"> acquiring </a> ASPM firm <a href="https://sp-edge.com/companies/1216517"> Bionic </a> , <a href="https://sp-edge.com/companies/87790"> Tenable </a> ’s <a href="https://sp-edge.com/updates/21651"> acquisition </a> of identity-focused cloud security company <a href="https://sp-edge.com/companies/897377"> Ermetic </a> , and <a href="https://sp-edge.com/companies/5692"> Check Point </a> ’s <a href="https://sp-edge.com/updates/21630"> acquisition </a> of <a href="https://sp-edge.com/companies/1747107"> Atmosec </a> .

Palo Alto confirms Talon and Dig acquisitions

Palo Alto Networks, a leading cybersecurity company, is in advanced negotiations to acquire cloud data security startup Dig Security for between USD 300 million and USD 400 million. The acquisition will enhance Palo Alto's existing data loss prevention tools, which aim to protect private information and intellectual property. Dig Security, founded in 2021, provides a solution that helps organizations secure data across multiple cloud platforms. The platform uses a detailed threat model to quickly respond to cloud data threats. Dig has raised USD 45 million in funding and the acquisition is part of Palo Alto's strategy to address evolving cybersecurity threats and competition in the industry.

All Updates

Palo Alto confirms Talon and Dig acquisitions

Palo Alto set to acquire Dig Security in USD 300 million+ deal

Dig Security raises USD 34 million in Series A funding

Dig Security emerges from stealth with USD 11 million in seed funding