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FinancialNews


  • 20-02-19

    Israel's Demisto acquired at USD560m by Palo Alto

    (MENAFN) Israeli startup Demisto agreed on a USD560 million agreement to be bought by American cyber security firm Palo Alto Networks.

    Israel's startup was launched back in 2015 in Tel Aviv, generating USD69 million since it was founded.

    U.S. Palo Alto Networks purchased so far a total of three cyber companies based in Israel, as it eyes expansion.

    Demisto helps optimizing responses of cyber crews to security issues through making arrangements for potential attacks or hacks among other things measures.

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