Palo Alto Networks agrees to acquire Portkey, which develops AI gateway tech to manage and secure AI agents; sources say the deal values Portkey at $120M-$140M (The Economic Times)
Palo Alto Networks has agreed to acquire Portkey, a company specializing in AI gateway technology designed to manage and secure AI agents. The acquisition is reportedly valued between $120 million and $140 million. This move underscores growing industry focus on securing AI-driven systems and expanding enterprise cybersecurity capabilities.
- ▪Palo Alto Networks is acquiring Portkey, a developer of AI gateway technology.
- ▪Portkey's technology focuses on managing and securing AI agents.
- ▪The deal is said to value Portkey at $120 million to $140 million.
- ▪The acquisition highlights the increasing importance of AI security in enterprise environments.
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