This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Palo Alto NetworksA® Acquires Morta Security

SANTA CLARA, Calif., Jan 6, 2014 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), today announced it has acquired Morta Security, a Silicon Valley-based cybersecurity company operating in stealth mode since 2012.  Financial terms of the acquisition were not disclosed.

(Logo: http://photos.prnewswire.com/prnh/20130508/SF04701LOGO)

The acquisition of Morta Security further cements Palo Alto Networks as the leading provider of next-generation enterprise security.  Palo Alto Networks offerings uniquely provide enterprises the ability to safely enable applications and rapidly detect and prevent threats, especially those that use an increasingly sophisticated array of tactics to compromise networks and gain access to valuable intellectual property. 

Morta Security brings to Palo Alto Networks a team experienced at protecting national infrastructure as well as technologies that enhance the proven detection and prevention capabilities of the Palo Alto Networks WildFire™ offering, which is already used by more than 2,400 customers.

QUOTES
  • "The Morta team brings additional valuable threat intelligence experience and capabilities to Palo Alto Networks," said Mark McLaughlin, President and CEO of Palo Alto Networks.  "The company's technology developments align well with our highly integrated, automated and scalable platform approach and their contributions will translate into additive threat detection and prevention benefits for our customers."
  • "Palo Alto Networks has a successful history of disrupting the network security landscape with its unique offerings," said Raj Shah, CEO of Morta Security.  "The Morta team is excited to work with the clear leaders in this space and we look forward to joining the company and contributing to future highly innovative technology leadership."

Advanced Threats Demand Automated and Scalable Approach

Today's sophisticated attacks increasingly rely on a combination of tactics and threat vectors to penetrate an organization and often remain undetected for extended periods of time while inflicting long-term damage.  Most organizations still rely on legacy point technologies that address only specific types of attacks, or phases of the attack.  Because of the singular nature of these technologies, they are ill-equipped to detect and prevent today's advanced cyber attacks.  And, when they are finally discovered, they typically require significant human incident response efforts.  As the volume and sophistication of these attacks continues to grow, throwing more point products and human capital at the challenge is too costly and cumbersome for most organizations.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs