New York Times – Palo Alto Networks has acquired Morta Security, a two-year-old Silicon Valley security start-up run by former employees of the National Security Agency and the United States Air Force.
Financial terms of the transaction were not disclosed, though the deal marks the first acquisition of a company by Palo Alto Networks, a security company that went public in 2012 and has seen its shares jump more than 20 percent over the last year.
The union is the second big acquisition of a security start-up in recent weeks. On Dec. 30, FireEye, a Palo Alto Networks competitor that uses software for cyberattack detection, spent more than $1 billion to acquire Mandiant, a company that sends in teams to help companies recover from hacking and defend against future attacks.
