Security company Palo Alto Networks announced that it has acquired privately held security company LightCyber for $105 million in cash.
LightCyber makes an automated behavioral analytics technology that uses machine learning to identify attacks based on behavioral anomalies inside the network.
Palo Alto will continue to sell LightCyber products and support customer implementations while it integrates the technology into its next-generation security platform, which it plans to do by year-end. This will provide Palo Alto customers with more insight and analytics into its security platform.
Palo Alto plans to offer LightCyber’s technology as an optional subscription-based service on top of its existing threat prevention capabilities.
LightCyber’s primary product, LightCyber Magna, is a platform that performs behavioral profiling and attack detection from network packets, flow data, endpoints, and metadata collected by probes. This allows security teams to gain additional context on alerts and remediate issues without needing to install agents on every endpoint. Its goal is to detect active attacks rather than just cleaning up malware.
Palo Alto Networks expects to invest about $5 million per quarter in both its fiscal third and fourth quarter 2017. The investments will mainly focus on platform integration and research and development, said company officials on its earnings call yesterday.
LightCyber is an Israeli-based company that was founded in 2011 and has 64 employees, according to its LinkedIn page.
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