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Palo Alto Networks to acquire RedLock

Cybersecurity firm Palo Alto Networks has announced that it has entered into a definitive agreement to acquire RedLock Inc., a cloud threat defense company. Under the terms of the agreement, Palo Alto Networks will pay approximately $173 million in cash to acquire RedLock. RedLock's backers included Sierra Ventures, Storm Ventures and Dell Technologies Capital.

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M&A,Mergers and Acquisitions,M&A deals