Progress announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare.
Palo Alto Networks has entered into a definitive agreement to acquire US-based Evident.io, a provider of cloud services infrastructure protection.
Under the terms of the agreement, Palo Alto Networks will acquire Evident.io for a total purchase price of $300 million to be paid in cash. The acquisition is expected to close during Palo Alto Networks fiscal third quarter, subject to satisfaction of customary closing conditions. Evident.io's co-founders, Tim Prendergast and Justin Lundy, will join Palo Alto Networks.
Evident.io extends the Palo Alto Networks API-based security capabilities, and helps cloud practitioners ensure their deployments are secure and achieve a continuous state of compliance, by analyzing the configurations of all the services and account settings against strict security and compliance controls. Once integrated with the Palo Alto Networks cloud security offering, customers will be able to use a single approach to continuous monitoring, storage security, and compliance validation and reporting. This will give security, DevOps and compliance teams unique capabilities to:
- Confidently develop and deploy new applications in the cloud faster
- Simplify developer and security operations to speed deployments without sacrificing security
- Continuously validate compliance of cloud deployments
Mark McLaughlin, Chairman and CEO of Palo Alto Networks, said: "We believe enterprises will become even more cloud-centric in the future and require prevention methods that have been designed for the cloud. With Evident as part of our platform, Palo Alto Networks will be the only vendor that can deliver a holistic cloud offering to address the critical security needs of today's enterprise customers as they journey to the cloud."
Tim Prendergast, co-founder and CEO of Evident.io, added: "Justin and I are delighted to join the Palo Alto Networks team. We founded Evident.io to secure our customers' public cloud infrastructure and services without slowing down innovation. The combined capabilities of Evident.io and Palo Alto Networks will provide customers the confidence they need to run better, faster, and more securely in the cloud."
Industry News
Incredibuild announced the acquisition of Garden, a provider of DevOps pipeline acceleration solutions.
The Open Source Security Foundation (OpenSSF) announced an expansion of its free course “Developing Secure Software” (LFD121).
Redgate announced that its core solutions are listed in Amazon Web Services (AWS) Marketplace.
LambdaTest introduced a suite of new features to its AI-powered Test Manager, designed to simplify and enhance the test management experience for software development and QA teams.
StackHawk launched Oversight to provide security teams with a birds-eye view of their API security program.
DataStax announced the enhancement of its GitHub Copilot extension with its AI Platform-as-a-Service (AI PaaS) solution.
Opsera partnered with Databricks to empower software and DevOps engineers to deliver software faster, safer and smarter through AI/ML model deployments and schema rollback capabilities.
GitHub announced the next evolution of its Copilot-powered developer platform.
Crowdbotics released an extension for GitHub Copilot, available now through the GitHub and Azure Marketplaces.
Copado has integrated Copado AI into its Community to streamline support and accelerate issues resolution.
Mend.io and HeroDevs have forged a new partnership allowing Mend.io to offer HeroDevs support for deprecated packages.
Synechron has acquired Cloobees, a Salesforce implementation partner.
Check Point® Software Technologies Ltd. has been named as one of the World’s Best Employers by Forbes for the fifth year in a row.
Opsera announced its AI Code Assistant Insights.