Zscaler Acquires Edgewise Networks
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In today’s world of cloud and mobility, perimeter-based network security is becoming less relevant. Modern security should be focused on protecting users, applications and data.
Enterprises face significant threats from attacks that can freely move laterally within the network as east-west traffic. A single compromised server allows an attacker to harm multiple servers and applications on that network. Edgewise discovers individual applications and their legitimate communication patterns and, using AI and machine learning algorithms, automatically creates and enforces authorized communication to provide application segmentation. We believe this is a far superior approach than legacy network segmentation for security.
“Zscaler was founded to innovate security in a cloud-first world. We are disrupting legacy network security, reducing business risk, improving the user experience, and consolidating security point products for our customers,” said
“We are proud to have made zero trust security achievable in complex, multi-cloud environments. Our core innovation is the use of software identity verification to simultaneously strengthen security and simplify operations,” said
Terms of the transaction were not disclosed.
Forward-Looking Statements
This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits of the acquisition of Edgewise Networks to Zscaler’s product offerings and to our customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to our ability to successfully integrate Edgewise Networks technology into our cloud platform and our ability to retain key employees of Edgewise Networks after the acquisition. Additional risks and uncertainties are set forth our most recent Quarterly Report on Form 10-Q filed with the
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Source: Zscaler, Inc.