Palo Alto Networks acquires supply chain security provider, aims to harden application security

by | Nov 18, 2022 | Technology

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Palo Alto Networks (PAN) announced Thursday that it will acquire application security and software supply chain security provider Cider Security for approximately $195 million in cash. This acquisition is a good move toward enabling security to scale with modern software development, according to Melinda Marks, a senior analyst at Enterprise Strategy Group. 

PAN said the plan is to have Cider support its Prisma Cloud platform to secure the entire application security lifecycle from code to cloud. 

“For cloud-native development, you have developers empowered to provision and deploy applications to the cloud to make them available for customers, partners, and employees, and while it increases productivity, it’s a challenge for security teams to keep up with the speed and protect the applications in these dynamic, exposed environments,’’ Marks told VentureBeat in an email interview. 

Cider Security is a good example of a company building observability into developer workflows, such as CI/CD pipelines, to better incorporate security, she said. “What PAN is doing with Prisma by tying all of these solutions together is to enable security to become more embedded in development — shifting some work left to developers — while giving security teams visibility and control for consistency across development teams.” 

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