Nine-figure deal to provide next generation
Internet Operations Management capability
SANTA
CLARA, Calif., Nov. 16,
2022 /PRNewswire/ -- Teaming to make the world safer
and more connected, Palo Alto Networks (NASDAQ: PANW) through
ThunderCat Technology, a value-added reseller of Palo Alto Networks
products, entered into a nine-figure, multiyear deal to equip the
Department of Defense (DoD) with Palo Alto Networks Internet
Operations Management (IOM) capabilities, including the
industry's leading attack surface management
solution, Cortex® Xpanse™. Palo Alto Networks
today announced that it received an initial $67 million purchase order for the first three
years during its FY23 Q1.
"This multiyear partnership is one of the largest software deals
in Palo Alto Networks' history and reinforces that our investment
in next-generation security products is meeting the evolving needs
of our customers," said Nikesh
Arora, chairman and CEO of Palo Alto Networks. "By providing
centralized visibility and situational awareness over its entire
global network, we will help the U.S. Department of Defense fulfill
its mission of ensuring our nation's security."
"Palo Alto Networks continues to deliver innovative solutions
that protect the Department of Defense in a rapidly changing threat
landscape," said Justin Robinson,
cyber chief technology officer for ThunderCat Technology. "Through
our partnership with Palo Alto Networks, ThunderCat will deliver
increased visibility across the Department of Defense."
Palo Alto Networks Cortex suite of products uses advanced
machine learning techniques to enable the U.S. military to
automatically identify its known and unknown internet-facing
assets, prioritize them for remediation, and deploy playbooks to
address critical vulnerabilities. Cortex Xpanse is a global attack
surface management platform that enables customers to mitigate
attack surface risks, manage the unmanaged cloud, and assess supply
chain security through continuous discovery and monitoring of the
digital attack surface across the entire internet to ensure a
security operations team has no exposure blind spots.
About Palo Alto Networks
Palo Alto Networks is the
world's cybersecurity leader. We innovate to outpace cyberthreats,
so organizations can embrace technology with confidence. We provide
next-gen cybersecurity to thousands of customers globally, across
all sectors. Our best-in-class cybersecurity platforms and services
are backed by industry-leading threat intelligence and strengthened
by state-of-the-art automation. Whether deploying our products to
enable the Zero Trust Enterprise, responding to a security
incident, or partnering to deliver better security outcomes through
a world-class partner ecosystem, we're committed to helping ensure
each day is safer than the one before. It's what makes us the
cybersecurity partner of choice.
At Palo Alto Networks, we're committed to bringing together the
very best people in service of our mission, so we're also proud to
be the cybersecurity workplace of choice, recognized among
Newsweek's Most Loved Workplaces (2022), Comparably Best Companies
for Diversity (2021) and HRC Best Places for LGBTQ Equality (2022).
For more information, visit www.paloaltonetworks.com.
Forward-Looking Statements
This press release contains
forward-looking statements that involve risks and uncertainties.
These forward-looking statements are not guarantees of future
performance and actual results may differ from the forward-looking
statements. We identify various risks and uncertainties that could
affect forward-looking statements in our Annual Report on Form
10-K, filed on September 6, 2022, and
our other filings with the U.S. Securities and Exchange Commission.
All forward-looking statements in this release are based on
information available to us as of the date hereof, and we do not
assume any obligation to update the forward-looking statements.
Palo Alto Networks, Cortex, and the Palo Alto Networks logo
are registered trademarks of Palo Alto Networks, Inc. in
the United States and in
jurisdictions throughout the world. All other trademarks, trade
names, or service marks used or mentioned herein belong to their
respective owners. Any unreleased services or features (and any
services or features not generally available to customers)
referenced in this or other press releases or public statements are
not currently available (or are not yet generally available to
customers) and may not be delivered when expected or at all.
Customers who purchase Palo Alto Networks applications should make
their purchase decisions based on services and features currently
generally available.
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SOURCE Palo Alto Networks, Inc.