Palo Alto Networks has experienced a significant decline of 19% in its share after it lowered its full-year guidance for revenue and billings.
Palo Alto Networks
Breaking News
Following slow start of the year, tech companies began to come to life. As Palo Alto Networks, Splunk and Salesforce.com brought Nasdaq to soar 2% in the last five trading days.
Palo Alto Networks, a cyber security firm based in Santa Clara, California, has bought Israel-based cyber security company Cyvera for a price tag of $200 million, TechCrunch reported.
Santa Clara, California-based Palo Alto Networks has acquired Morta Security, a Silicon Valley-based cyber security firm that has been in stealth mode since last year, for an undisclosed amount.
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