<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        SonicWall, a network security company mainly serving small and medium-sized businesses (SMBs), has announced it is acquiring 
        <a href="https://sp-edge.com/companies/602766">
          Banyan Security
        </a>
        , a security service edge (SSE) company, for an undisclosed sum.
      </p>
    </li>
    <li>
      <p>
        Banyan Security offers a zero-trust security solution designed to allow employees to access an organization&rsquo;s assets from anywhere via any device. The company says its products are designed to offer enhanced visibility and provide actionable intelligence, while continuously monitoring authorization processes with trust scoring and least access privileges.
      </p>
    </li>
    <li>
      <p>
        SonicWall expects to integrate Banyan into its portfolio, growing its security coverage to the cloud alongside networks and devices.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        The Banyan deal comes hot on the heels of SonicWall&rsquo;s November 2023 acquisition of managed services provider (MSP) 
        <a href="https://sp-edge.com/updates/24230">
          Solutions Granted
        </a>
         to enhance its managed detection and response (MDR) and security operations center (SOC) capabilities. The acquisition is also part of a flurry of SASE-related announcements this week, with 
        <a href="https://sp-edge.com/companies/202417">
          Netskope
        </a>
         
        <a href="https://sp-edge.com/updates/25862">
          announcing
        </a>
         an SMB focused single-vendor solution, 
        <a href="https://sp-edge.com/companies/75116">
          Zscaler
        </a>
         
        <a href="https://sp-edge.com/updates/25942">
          launching
        </a>
         its zero-trust-backed SASE, and 
        <a href="https://sp-edge.com/companies/336610">
          Cato Networks
        </a>
         
        <a href="https://sp-edge.com/updates/25945">
          announcing
        </a>
         a new XDR-focused SASE product.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.sonicwall.com/news/sonicwall-accelerates-sase-offerings-acquires-proven-cloud-security-provider/">
      Press release
    </a>
    &nbsp;
  </p>
  <p>
    <a href="https://www.techtarget.com/searchsecurity/news/366565058/SonicWall-acquires-Banyan-to-boost-zero-trust-SSE-offerings">
      TechTarget
    </a>
  </p>
  <p>
    <a href="https://www.zawya.com/en/press-release/companies-news/sonicwall-accelerates-sase-offerings-acquires-proven-cloud-security-provider-iepezzyh">
      Zawya
    </a>
  </p>
  <p>
  </p>
</div>


Next-gen Cybersecurity

ANALYST_QUICK_TAKE

<div>
 
 <p>Network security firm SonicWall has declared its acquisition of security service edge company, <a href="https://sp-edge.com/companies/602766"> Banyan Security </a>. The financial details of the deal remain undisclosed. Banyan Security is known for its zero-trust security solution that provides access to organization's assets from any location or device. The company's products deliver improved visibility and actionable intelligence. SonicWall plans to integrate Banyan into its offerings, expanding its security coverage to the cloud alongside networks and devices.</p> 
 
</div> <p><b>Analyst QuickTake: </b> The Banyan deal comes hot on the heels of SonicWall’s November 2023 acquisition of managed services provider (MSP) <a href="https://sp-edge.com/updates/24230"> Solutions Granted </a> to enhance its managed detection and response (MDR) and security operations center (SOC) capabilities. The acquisition is also part of a flurry of SASE-related announcements this week, with <a href="https://sp-edge.com/companies/202417"> Netskope </a> <a href="https://sp-edge.com/updates/25862"> announcing </a> an SMB focused single-vendor solution, <a href="https://sp-edge.com/companies/75116"> Zscaler </a> <a href="https://sp-edge.com/updates/25942"> launching </a> its zero-trust-backed SASE, and <a href="https://sp-edge.com/companies/336610"> Cato Networks </a> <a href="https://sp-edge.com/updates/25945"> announcing </a> a new XDR-focused SASE product.</p>

All Updates

SonicWall to acquire Banyan Security for SASE portfolio enhancement

Trend Micro, Netskope, and Banyan announce generative AI products

Banyan Security raises USD 30 million in Series B Funding