RDC will exit cyber threat detection platform Secdo through an acquisition by Palo Alto Networks reportedly sized at about $100m.
Network security software producer Palo Alto Networks agreed on Tuesday to acquire Secdo, an Israel-based cybersecurity technology provider backed by corporate joint venture Rafael Development Corporation (RDC).
Palo Alto will pay approximately $100m for the company, a person familiar with the deal told Calcalist.
Founded in 2014, Secdo has built a software platform that detects cyber threats and identifies how exactly a device was compromised, providing IT staff with granular tools to respond to attacks without impacting users.
Secdo’s engineers…
