Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs Cisco Partner Summit Digital 2020 Lenovo Tech World Newsroom Dell Technologies World Digital Experience 2020 HPE Zone Masergy Zenith Partner Program Newsroom Dell Technologies Newsroom Fortinet Secure Network Hub Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom The IoT Integrator Lenovo Channel-First NetApp Data Fabric Intel Tech Provider Zone

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.

Back 1   2   3   ... 11 Next

9. Board Wanted To Make Sure Company Could Handle CloudGenix Deal

Palo Alto Networks expects to see more activity in the SD-WAN space over the next six to nine months both competitively as well as from established players, according to Arora. And as security and SD-WAN begin to converge, Arora said it was critical for Palo Alto Networks to have a major presence in the space sooner rather than later.

The board of directors made sure Palo Alto Networks management looked both at its capacity to smoothly integrate CloudGenix as well as its ability to carry out the acquisition from a cash perspective, Arora said. Palo Alto Networks has a lot of cash on its balance sheets, so Arora said there was nothing stopping the company from pulling the trigger on the deal.

“We’re not interested in going and spending money in an uncoordinated, undisciplined fashion, but this was an important acquisition from a product roadmap perspective, and something we’d like to get done,” Arora said.

Back 1   2   3   ... 11 Next

sponsored resources