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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Sat., Aug. 8, 4:03 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #36. Palo Alto Networks Morta Security

Acquirer: Palo Alto Networks (NYSE:PANW)
Acquiree: Morta Security
Details: Palo Alto Networks (NYSE: PANW), today announced it has acquired Morta Security, a Silicon Valley-based cybersecurity company operating in stealth mode since 2012. Financial terms of the acquisition were not disclosed.

Palo Alto Networks provides a platform that allows enterprises, service providers, and government entities to secure their organizations. Co.'s platform uses a traffic classification engine that identifies network traffic by application, user, and content and provides security across the network, endpoint, and cloud. Co.'s product, subscription, and support offerings include: firewall appliances and software; and Panorama, which is a centralized security management solution for global control of various firewall appliances and software deployed on an end-customer's network as well as in their instances in public or private cloud environments as a virtual appliance or a physical appliance.

PANW SEC Filing Email Alerts Service

Open the PANW Page at The Online Investor »

Company Name:  Palo Alto Networks, Inc
Sector:  Application Software
Number of ETFs Holding PANW:  53
Total Market Value Held by ETFs:  $2.74B
Total Market Capitalization:  $24.69B
% of Market Cap. Held by ETFs:  11.11%

Open the PANW Page at The Online Investor (in a new window) »

August 8, 2020    4:03 PM Eastern
Quotes delayed 20 minutes

Buy (3.36 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)
Based on Zacks ABR data;
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