Cloud security giant Zscaler acquired artificial intelligence company Avalor for $310 million, a move aimed at enhancing the capabilities of its existing security platform and further integrating artificial intelligence technology. This acquisition will significantly improve Zscaler's security incident response speed and asset discovery capabilities, marking the company's strategic layout in the field of AI-driven security. The Avalor team will continue to operate independently and make full use of Zscaler's market resources to achieve resource sharing and complementary advantages. This transaction also heralds new development opportunities for the network security market.
Cloud security company Zscaler announced the acquisition of Avalor for US$310 million to expand existing platform capabilities and introduce artificial intelligence technology. The acquisition will streamline security incident handling and expand asset discovery capabilities. The Avalor team will continue to operate independently and benefit from Zscaler's market resources. Zscaler has a market value of approximately US$30 billion and has 7,000 employees worldwide. Analysts believe the acquisition will stimulate a pickup in cybersecurity market activity.Zscaler’s large-scale acquisition not only reflects its emphasis on artificial intelligence technology, but also reflects the entire network security industry’s active exploration of the application of AI technology. By integrating Avalor's technology and team, Zscaler is expected to further consolidate its market position and provide customers with more advanced and smarter security solutions. In the future, we look forward to seeing more similar acquisitions to promote continued innovation and development in the cybersecurity industry.