CyberArk acquires Zilla Security in $175 million deal

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CyberArk acquires Zilla Security in $175 million deal

Identity security giant CyberArk has acquired Boston-based Zilla Security, a cloud-native identity governance and administration startup, in a deal worth up to $175 million. The acquisition, announced Thursday, includes $165 million in cash and a $10 million earn-out contingent on performance milestones. Zilla’s co-founders, CEO Deepak Taneja and Nitin Sonawane, along with their team, will join CyberArk. Zilla’s flagship products — Zilla Comply …

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The provider of identity security solutions CyberArk continues to expand its portfolio by acquiring the identity governance specialist Zilla Security. The deal has a volume of $165 million in cash, plus a performance-related earn-out of $10 million. The acquisition is part of a broad-based expansion strategy of the publicly traded company. In early 2024, CyberArk acquired the machine identity specialist Venafi for $1.54 billion. With the acquisi…

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CyberArk acquires Zilla Security to enhance AI-driven capabilities

CyberArk has acquired Zilla Security, enhancing its Identity Security Platform with AI-driven IGA solutions to boost digital security.

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CyberArk Acquires Zilla Security for $165M, Integrating AI-Powered IGA into Its Identity Security Platform. The goal is to improve governance, compliance, and automation, offering scalable solutions for managing digital identities. The article CyberArk Announces Acquisition of Zilla Security for $165M is an original content of 01net.

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CyberArk Acquires Zilla Security to Reshape Identity Governance and Administration for the Modern Enterprise

Industry-leading identity security combined with modern IGA sets a new paradigm for compliance and identity lifecycle management CyberArk, the global leader in identity security, announced it has acquired Zilla Security, a leader in modern Identity Governance and Administration (IGA) solutions. Zilla’s innovative, AI-powered IGA capabilities will expand CyberArk’s industry-leading Identity Security Platform with scalable automation that enables …