Owners
Demisto — developer of solutions for orchestration of events of security and automatic reaction (Security Orchestration, and Automated Response, SOAR) which help the companies to eliminate a set of the painful points relating to information security. On the website of the producer it is also reported that interactive functions allow to make joint investigation of difficult incidents which cannot be solved standard means.
As of February, 2019 the staff of the company makes 180 people from whom about a half of employees works in Tel Aviv, and the others — in the USA. From 150 clients of the company more than 30 belong to the list of Fortune 500.
History
2019: Palo Alto Networks purchased Demisto for $560 million
In February, 2019 Palo Alto Networks announced acquisition of Demisto for $560 million to expand the divisions which are engaged in technologies of prevention and response to cyberincidents.
As reported in the press release, thanks to purchase Palo Alto Networks will be able to use better than artificial intelligence technology and machine learning in the automated operations on security of clients of the company. The automated Demisto technologies help to reduce the number of the warnings requiring check by the person to 95%, allowing departments of information security to focus on more difficult questions.
 | In combination with our cloud infrastructure Application Framework the Demisto company will help us to enhance our responsibility to cybersecurity commands, having provided the platform providing even more large-scale integration level, automation and innovations for prevention of cyber attacks — the CEO of Palo Alto Networks Nikesh Arora said. |  |
Add to Palo Alto Networks that Demisto technologies will accelerate strategy implementation of Palo Alto and "will serve as an important step forward in the aspiration of the company to provide immediate prevention of threats and reaction for groups of security".[1]
Notes
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