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Palo Alto Isn't Saying if It Will Buy Security Start-up Koi
Palo Alto Networks aims to enhance AI-driven cybersecurity with a $400 million deal for Koi Security, which developed an AI engine scanning major app stores for threats.
Summary by The Register
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Playing Koi: Palo Alto isn't saying if it will buy security start-up
CEO Nikesh Arora's trip to Tel Aviv last month sparked rumors. Palo Alto Networks is on shopping spree. The company is reportedly considering a $400 million purchase of Israeli cybersecurity start up Koi, which raised $48 million in funding last year. …
Palo Alto Networks is said to be in advanced negotiation to buy the Israeli start-up Koi for about $400 million, reports the media Calcalist. Founded in 2024 by former members of the IDF 8200 unit, Koi made himself known by revealing a major flaw in the VSCode marketplace via a false extension capable of exfiltering the [...] The post Palo Alto Networks in talks to acquire Koi Security appeared first on ChannelNews.
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Total News Sources8
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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