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Palo Alto Networks Completes Acquisition of Expanse

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Palo Alto Networks, the global cybersecurity leader, announced it has completed its acquisition of Expanse Inc., a leader in attack surface management.

Expanse brings a unique level of visibility to security through the continuous scanning of exposed assets. This functionality is both critical and timely: in the case of the SolarWinds vulnerability this week, Expanse is able to provide organizations with the ability to scan the entire internet for publicly exposed servers and analyze outbound behavior to detect compromise.

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โ€œWe are excited to officially welcome Expanse to Palo Alto Networks,โ€ saidย Nikesh Arora, chairman and CEO of Palo Alto Networks. โ€œThis week is another reminder that organizations face an ever-expanding attack surface and increasingly sophisticated threats. Integrating Expanseโ€™s capabilities into Cortex will enable us to offer the first holistic solution for attack surface management, threat detection, and response. Together we can help CISOs and operations teams proactively address all security threats.โ€

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Palo Alto Networks Cortex product suite already provides enterprise-wide visibility, prevention, detection and response capabilities. The integration of Expanseโ€™s internet collection and attribution data will extend Cortexโ€™s capabilities across exposed and untracked external assets that might compromise an organizationโ€™s attack surface.

Expanse co-founders, Dr.ย Tim Junioย and Dr.ย Matt Kraning, are joining Palo Alto Networks. Palo Alto Networks paid approximatelyย $670 millionย in cash and stock, and approximatelyย $130 millionย in replacement equity awards to acquire Expanse.

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