Container Security Startup Twistlock To Be Acquired by Palo Alto Networks
This week container security and cloud-native security startup Twistlock announced that it entered into an agreement to be acquired by Palo Alto Networks. According to the Twistlock e-mail announcement, by joining Palo Alto Networks the company will be able to "accelerate" its "mission to create the world's best cloud-native security platform."
"Our vision for a cloud-native security platform is a natural fit with Palo Alto Networks' cloud strategy. We have liked-minded teams, and we're looking forward to accelerating our ability to serve customers and partners on their cloud-native journey together," said Ben Bernstein, co-founder and CEO, Twistlock, in a prepared statement. Bernstein and co-founder Dima Stopel will join Palo Alto Networks upon the close of acquisition.
The move entails Twistlock becoming part of the Palo Alto Networks Prisma cloud security suite. According to Palo Alto Networks, the transaction will be an all-cash sum of $410 million, subject to adjustments.
According to Virtualization & Cloud Review contributor Tom Fenton, "This is pretty big news as Twistlock is one of, if not the leader, in container security."
Wendy Hernandez is group managing editor for the 1105 Enterprise Computing Group.