Cyberark takes the safety of Zilla up to $ 175 million

Information security company Cyberark has acquired Identity and governance access platform Zilla security In an agreement of a value of up to $ 175 million.

Founded in 1999, Cyberark based in Boston specializes in Access managementincluding Privileged access security which helps organizations protect sensitive data and critical infrastructure against external (and internal) threats.

Cyberark has become public on the Nasdaq In 2014with its actions Increase 41% in the past year to a summit of all time Evaluation of more than $ 18 billion. Earlier in the day, the company published its Fourth trimester resultsdeclaring an increase in income of 41%, with its subscription income in particular up 62%. In addition, its annual recurring income (ARR) exceeded the billions of dollars.

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