Report: Palo Alto in Talks to Acquire Israeli Firm Cluely

In depth

According to TheMarker, the American technology site The Information reports that Palo Alto is in talks to complete another acquisition in Israel. Calyx Security operates in the field of non-human identities.

According to Calcalist, the company was founded about three years ago by Ofir Har-Chen, Segi Haas and Tal Kamhi, and has raised $28.5 million so far. According to Globes, the acquisition is being considered at about $500 million.

According to Calcalist, Palo Alto is simultaneously also in talks to acquire Bikon Security, which raised $13 million in July. According to Channel 14, the move joins the acquisition of CyberArk.