Palo Alto to Buy RedLock for $173M

CRN is reporting that Palo Alto Networks is in the process of acquiring Cloud Security company RedLock for $173M.

From the Article:

RedLock, meanwhile, specializes in: discovering and classifying cloud resources and applications; detecting threats and vulnerabilities in an organization's public cloud; and prioritizing risks, investigating and remediating threats. The company's security analytics capability utilizes an artificial intelligence-driven approach that correlates disparate security data sets, according to Palo Alto Networks.

The company specializes in correlating disparate data sets—including resource configurations, user activities, network traffic, host vulnerabilities/activities and threat intelligence—to provide organizations with the necessary context on risks. This contextual understanding of the public cloud can reduce incident response time from weeks to seconds, Palo Alto Networks said.

Palo Alto has been making moves to expand its portfolio and this fits in with their desire to grow their Cloud based capabilities.