Cybersecurity Firms Bet on Cloud Platforms Through Acquisitions
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Platforms are becoming a key buzzword for cybersecurity companies, with acquisitions playing a big role in building cloud-based platforms.
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Companies aim to consolidate security purchases by buying from fewer vendors through platforms. Platforms offer broad, integrated suites of security products.
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CrowdStrike, Palo Alto Networks, and Zscaler are using acquisitions to expand their platforms across areas like endpoint security, firewalls, SASE, and zero trust.
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The SASE market is growing quickly as companies layer on more cloud-based security products. Zscaler is a top SASE provider.
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Fast-growing private cybersecurity companies like Snyk, Lacework, and Cybereason are also players in the cloud security market. Public companies have an edge in building platforms.