Playing Koi: Palo Alto isn't saying if it will buy security start-up
ID: 88e212d2-904d-53ec-abff-4e524832d89c
STIX ID: report--88e212d2-904d-53ec-abff-4e524832d89c
Feed Name: The Register (Security)
Palo Alto Networks is reportedly weighing a $400 million acquisition of Israeli startup Koi following CEO Nikesh Arora’s visit to Tel Aviv, continuing a broader M&A strategy that includes the announced $25 billion purchase of CyberArk, the acquisition of Protect AI to bolster PrismaAIRS, and a planned buy of observability firm Chronosphere. While the company declined to comment on rumors, it positions these moves as building a unified platform spanning identity, data, and security for modern and AI-driven workloads.
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