Palo Alto Networks has acquired Israeli cybersecurity company LightCyber for $105 million

American firm Palo Alto Networks has announced its acquisition of the Israeli cybersecurity company LightCyber for $105 million.

LightCyber uses sophisticated machine learning to quickly and accurately identify cyber attacks by identifying behavioral anomalies inside networks.

"Palo Alto Networks has been driving a paradigm shift in the security industry with its natively engineered and highly automated Next-Generation Security Platform designed to change the equation in how organizations prevent cyber breaches," said Gonen Fink, CEO of LightCyber, in a statement. "We are pleased to join the Palo Alto Networks team, combining our technology innovations and accelerating adoption of behavioral analytics to help organizations bolster their defenses against the advanced and sophisticated adversaries they are facing today."

Palo Alto Networks will continue to offer LightCyber's products and support existing customers while it integrates its technology into the Palo Alto Networks Next-Generation Security Platform. Adding LightCyber's behavioral analytics capabilities to its platform will enhance its threat prevention capabilities and the ability for customers to prevent cyber breaches.

Read more: PR Newswire (Press release)