{"id":2094,"date":"2020-04-05T15:44:44","date_gmt":"2020-04-05T11:44:44","guid":{"rendered":"https:\/\/techxmedia.com\/?p=2094"},"modified":"2025-04-17T23:59:21","modified_gmt":"2025-04-17T19:59:21","slug":"palo-alto-networks-intent-acquire-cloudgenix","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/palo-alto-networks-intent-acquire-cloudgenix\/","title":{"rendered":"Palo Alto Networks announces intent to acquire CloudGenix"},"content":{"rendered":"\n

Palo Alto Networks announced that it has entered into a definitive agreement to acquire CloudGenix, Inc., a cloud-delivered SD-WAN<\/a> provider. Under the terms of the agreement, Palo Alto Networks will pay approximately $420 million in cash to acquire CloudGenix, subject to adjustments. The acquisition is expected to close during Palo Alto Networks\u2019 fiscal fourth quarter, subject to the satisfaction of regulatory and customary closing conditions.\u00a0<\/p>\n\n\n\n

As applications continue to move from corporate data centers to\nthe cloud and SaaS, and users require secure access to applications from\nanywhere in the world, organizations are struggling to manage access for the\ndistributed workforce. Current remote access solutions for the branch and\nretail offices are complex, costly and often insecure. To support the modern\nworkforce, organizations need access to all applications from all locations,\ndelivered via a global network as a service for accelerated access, and with\nintegrated world-class security from the cloud. This is what the industry calls\n\u201csecure access service edge,\u201d or SASE.<\/p>\n\n\n\n

With the proposed acquisition, Palo Alto Networks will integrate CloudGenix\u2019s cloud-managed SD-WAN products to accelerate the intelligent onboarding of remote branches and retail stores into Prisma Access. This combination will extend the breadth of the Prisma Access SASE platform, address network and security transformation requirements, and accelerate the shift from SD-WAN to SASE.<\/p>\n\n\n\n

CloudGenix has attracted\napproximately 250 customers, many of which are in the Fortune 1000 and include\ncompanies in healthcare, retail, manufacturing, finance, banking, tech and\nhospitality. CloudGenix was named a 2020 Gartner Peer Insights Customers\u2019\nChoice for WAN Edge Infrastructure. CloudGenix co-founders, Kumar Ramachandran,\nMani Ramasamy and Venkataraman Anand, have agreed to join Palo Alto Networks. <\/p>\n\n\n\n

“As the enterprise\nbecomes more distributed, customers want agile solutions that just work, and\nthat applies to both security and networking. Upon the close of the\ntransaction, the combined platform will provide customers with a complete SASE\noffering that is best-in-class, easy to deploy, cloud-managed, and delivered as\na service.\u201d<\/p>\n\n\n\n

– Nikesh Arora, Chairman and CEO, Palo Alto Networks<\/em><\/p>\n\n\n\n

\u201cCloudGenix\u2019s vision has\nbeen to revolutionize branch offices through cloud-delivered Autonomous WANs.\nWith CloudGenix, enterprises gain cloud-scale economics for the branch office\nwith the freedom to use any WAN, any cloud, and best-of-breed infrastructure\nservices. We thank our customers for making us an industry leader in enterprise\nSD-WAN. By joining forces with Palo Alto Networks, we will accelerate our\nability to serve customers and partners in their network and security\ntransformation.” <\/p>\n\n\n\n

–\nKumar Ramachandran, co-founder and CEO, CloudGenix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

With the proposed acquisition, Palo Alto Networks will integrate CloudGenix\u2019s cloud-managed SD-WAN products to accelerate the intelligent onboarding of remote branches and retail stores into Prisma Access.<\/p>\n","protected":false},"author":8,"featured_media":2096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[154],"tags":[1065,523,1066,521,814],"contributor":[],"class_list":["post-2094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud-computing","tag-cloudgenix","tag-palo_alto_networks","tag-prisma","tag-saas","tag-security_"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/04\/Nikesh-Arora-e1586086940930.jpg","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=2094"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/2096"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=2094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=2094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=2094"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=2094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}