Palo Alto Networks announced the acquisition of network security service provider Expanse for US$800 million, which will integrate its attack surface defense capabilities

Covering external assets that may endanger the company’s attack surface exposure and untracked

It was learned that the leading cybersecurity company Palo Alto Networks) has officially announced that it has completed the acquisition of Expanse Inc., a leading company in the field of attack surface management. According to the announcement, Expanse co-founders Dr. Tim Junio and Dr. Matt Kraning will join Palo Alto Networks. Palo Alto Networks paid approximately US$670 million in cash and stock for this acquisition, and approximately US$130 million in replacement equity awards.

Founded in 2012, Expanse is an attack surface management security startup that provides vulnerability monitoring services by scanning corporate IT assets. Take the SolarWinds vulnerability incident that occurred a few days ago as an example. Expanse can provide enterprises with the function of scanning publicly exposed servers on the entire Internet and analyzing outbound behavior to detect intrusions.

The purchaser of this transaction, Palo Alto Networks, was established in the United States in 2005. It was a company that launched the first self-developed firewall in 2007. Listed on the New York Stock Exchange in 2012. Palo Alto Networks’ Cortex™ product suite has been able to provide enterprise-wide visibility, defense, detection and response capabilities. In the future, Palo Alto Networks will integrate Expanse’s Internet collection and attribution data functions, which will further expand Cortex’s capabilities to cover external assets that may endanger the exposed and untracked corporate attack surface.

Palo Alto Networks Chairman and CEO Nikesh Arora said, “We are very pleased to officially welcome Expanse to Palo Alto Networks. ). Recent security incidents once again remind people that enterprises are facing an ever-expanding attack surface and increasingly complex threats. Integrating Expanse’s functionality into Cortex will enable us to provide the first holistic approach for attack surface management, threat detection and response Solution. We canWork together to help the chief information security officer and operations team proactively respond to all security threats. “

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