Credit: Palo Alto Networks
Cyber security vendor Palo Alto Networks has entered into an agreement to acquire incident response, risk management and digital forensics consulting firm The Crypsis Group for a total purchase price of US$265 million in cash.
Headquartered in Virginia, US, The Crypsis Group currently operates as part of the ZP Group, an organisation with a portfolio of companies specialising in breach response, national security solutions and IT staffing.
The company has more than 150 security consultants and has a history handling complex and significant cyber security incidents, responding to more than 1,300 security engagements each year.
The Crypsis Group has served more than 1,700 organisations across the healthcare, financial services, retail, e-commerce and energy industries.
The proposed acquisition is expected to close during Palo Alto Networks’ fiscal first quarter, subject to the…
