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Home > Cloud Computing > Palo Alto Networks to acquire CloudGenix for $420 million

Palo Alto Networks to acquire CloudGenix for $420 million

Palo Alto Networks announced that it has entered into a definitive agreement to acquire CloudGenix.


Erdem Yasar Erdem Yasar
April 2, 2020
1 min read
Palo Alto Networks to acquire CloudGenix for $420 million

Global cybersecurity provider Palo Alto Networks has entered into a definitive agreement to acquire cloud-delivered SD-WAN provider CloudGenix. According to the agreement, Palo Alto Networks will pay approximately $420 million in cash to acquire CloudGenix, subject to adjustments. The acquisition is expected to close during Palo Alto Networks’ fiscal fourth quarter.

Shift from SD-WAN to SASE

Palo Alto Networks announced that the company will integrate CloudGenix’s cloud-managed SD-WAN products to accelerate the intelligent onboarding of remote branches and retail stores into Prisma Access. This combination will extend the breadth of the Prisma Access SASE platform, address network and security transformation requirements, and accelerate the shift from SD-WAN to “secure access service edge,” or SASE.

Nikesh Arora, chairman and CEO, Palo Alto Networks
Nikesh Arora, chairman and CEO, Palo Alto Networks

Nikesh Arora, chairman and CEO, Palo Alto Networks said,

“As the enterprise becomes more distributed, customers want agile solutions that just work, and that applies to both security and networking. Upon the close of the transaction, the combined platform will provide customers with a complete SASE offering that is best-in-class, easy to deploy, cloud-managed, and delivered as a service.”

Kumar Ramachandran, co-founder and CEO, CloudGenix said,

“CloudGenix’s vision has been to revolutionize branch offices through cloud-delivered Autonomous WANs. With CloudGenix, enterprises gain cloud-scale economics for the branch office with the freedom to use any WAN, any cloud, and best-of-breed infrastructure services. We thank our customers for making us an industry leader in enterprise SD-WAN. By joining forces with Palo Alto Networks, we will accelerate our ability to serve customers and partners in their network and security transformation.”

See more Cloud Computing News


Tags: CLOUDGENIX INCNikesh AroraPalo Alto Networks
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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