Palo Alto Networks is close to acquiring Israeli startup Talon Cyber Security in a deal that could value it at $600 million to $700 million, according to two people familiar with the discussions. The deal could be announced as soon as Monday, one of the people said.
The acquisition would extend Palo Alto Networks’ acquisitions of small cybersecurity startups and add another offering to its suite of enterprise security software geared to companies with remote or hybrid workforces. Talon’s core offering is a secure web browser based on Google’s Chromium software whose features aim to prevent employees from clicking malicious links.
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