Zscaler Buys Cybersecurity Startup Avalor for $310M, Expanding AI Capabilities
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Zscaler acquires cybersecurity startup Avalor for $310M to expand AI capabilities like incident reporting and data classification.
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Avalor provides a source of truth for security assets, controls, identities, vulnerabilities, etc., allowing teams to track risk data.
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Avalor stands out for its ability to handle data from any source and format, and its vulnerability risk management tools.
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The acquisition gives Avalor access to Zscaler's 7,000 customers, 4,200 channel partners globally, and $2B business.
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The deal comes as cybersecurity M&A activity has dropped over 50% since 2021, potentially sparking more activity.