Deal Snapshot
PALO ALTO NETWORKS TO ACQUIRE ZINGBOX FOR USD 75M
Tuesday 10 September 2019

California, US-based cybersecurity company Palo Alto Networks (NYSE: PANW) has agreed to acquire IoT security company Zingbox for a total purchase price of USD 75m, the company said.
The proposed acquisition, to be paid in cash, is expected to close during Palo Alto Networks fiscal first quarter of 2020, subject to the satisfaction of customary closing conditions.


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Details
Date Published: 10/09/2019
Target: Zingbox
Country: USA
Deal Size: 75m (USD)
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Palo Alto Networks
Comment:


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