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Palo Alto Networks Acquires Talon Cyber Security for $625M
Palo Alto Networks has finalized the acquisition of Israeli startup Talon Cyber Security for $625 million. Talon, known for developing enterprise browsers, will integrate with Palo Alto's Prisma cloud security division, enhancing security for distributed workforces.
Co-founded by Ofer Ben-Noon and Ohad Bobrov, Talon raised approximately $143 million from investors like Cyverse Capital and Team8. The acquisition aligns with Palo Alto's strategy amid a challenging Israeli tech ecosystem impacted by geopolitical conflicts.
With Talon's Enterprise Browser, Palo Alto aims to address the security risks associated with the growing use of devices and applications in businesses. The acquisition reflects Palo Alto's commitment to Israeli cybersecurity resilience and expansion.
Despite regional challenges, the cybersecurity industry remains active in Israel. Talon's emphasis on the enterprise browser aligns with the evolving cybersecurity landscape, where novel solutions are sought to counter AI-driven cyber threats.