Palo Alto Networks said it has acquired Talon Cyber Security, an enterprise browser security startup. The move comes days after the company acquired Dig Security.
Talon Cybersecurity aims to address attacks via unmanaged devices via its Talon Enterprise Browser. The Talon Enterprise Browser will be combined with Palo Alto Networks' Prisma SASE platform and look to protect unmanaged endpoints that connect to SaaS enterprise applications.
Dig Security is a startup focused on data security posture management, or DPSM.
Terms of the deal weren't disclosed, but TechCrunch put the figure at $400 million for Dig Security. Talon Cyber Security reportedly went for $625 million.
The two deals highlight how Palo Alto Networks plans to acquire startups that can help build out its platform.
According to Palo Alto Networks, generative AI adoption will require enterprises to take control of sensitive data across cloud services, databases, vector databases and platform as a service. Dig Security's technology gives enterprises the ability to discover, classify, monitor and protect sensitive data wherever it resides on the cloud.
Like Talon's technology, Palo Alto Networks said that Dig Security's DPSM platform will be integrated into its Prisma Cloud.
There's a race to create next-gen security platforms powered by AI between Palo Alto Networks, Crowdstrike, Zscaler and a host of others.
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