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10 Things To Know About The $420M Palo Alto Networks-CloudGenix Deal

From embracing subscription pricing to unlocking opportunities for service providers, here are the biggest things the channel should know about Palo Alto Networks’ intended purchase of CloudGenix.

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Getting Serious About SD-WAN

Palo Alto Networks has doubled down on SD-WAN with its proposed $420 million acquisition of CloudGenix, whose cloud-based approach is expected to streamline the onboarding of remote branches and retail stores to the company’s secure access service edge (SASE) platform.

“Once the pandemic slows, we may see a permanent change in how organizations think about remote workforces,” said Palo Alto Networks Chairman and CEO Nikesh Arora. “As applications move from corporate data centers to the cloud, users need secure access from anywhere, whether that’s the headquarters or somewhere else.”

Arora and Chief Product Officer Lee Klarich spoke with Wall Street analysts Tuesday about how Palo Alto Networks determine CloudGenix would be a good fit, what opportunities the acquisition will create for service providers, and why the company decided to pull the trigger on the deal despite the coronavirus pandemic.

From embracing subscription pricing to maintaining a dual SD-WAN strategy, here’s a look at 10 of the most interesting components of the Palo Alto Networks-CloudGenix deal.

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