Palo Alto Networks to Acquire Cloud Security Firm RedLock for $173 Million

Palo Alto Networks on Wednesday announced that it has entered a definitive agreement to acquire cloud security company RedLock for roughly $173 million in cash.

The acquisition is expected to be completed in Palo Alto Networks’ first fiscal quarter. RedLock co-founders Varun Badhwar and Gaurav Kumar will join Palo Alto Networks as part of the deal.

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