Cloud security company Zscaler announced the acquisition of Avalor for $310 million, aiming to enhance its existing platform capabilities by integrating artificial intelligence technology. This acquisition will streamline the process of handling security incidents and expand asset discovery features. The Avalor team will continue to operate independently, benefiting from Zscaler's market resources. With a market capitalization of approximately $30 billion, Zscaler employs 7,000 people globally. Analysts believe this acquisition will stimulate a resurgence in market activity within the cybersecurity sector.
Cloud Security Company Zscaler Acquires Avalor to Expand AI Features

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