Palo Alto Networks (PANW) to Acquire The Crypsis Group for $265 Millon

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Go back to Palo Alto Networks (PANW) to Acquire The Crypsis Group for $265 Millon

Palo Alto Networks Announces Intent to Acquire The Crypsis Group

August 24, 2020 4:09 PM EDT

SANTA CLARA, Calif., Aug. 24, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced that it has entered into a definitive agreement to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm. Under the terms of the agreement, Palo Alto Networks will acquire The Crypsis Group for a total purchase price of $265 million, subject to adjustment, to be paid in cash. The proposed acquisition is expected to close during Palo Alto Networks' fiscal first quarter, subject to the satisfaction of regulatory approvals and... More