Israeli Cybersecurity Startup Acquired by Global Firm for $560 Million

Demisto, U.S.-based Palo Alto Network's fourth Israeli purchase, works to automate threat management in major organizations' situation rooms. It has raised $69 million to date

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Global cybersecurity company Palo Alto Networks, founded by Israeli Nir Zuk, announced on Tuesday it entered into a definitive agreement to acquire Israeli startup Demistro for $560 million in cash and stocks....