"Koi offers endpoint software security and boasts that it can "Secure anything with an 'Install' button." Koi was founded by three members of the IDF's 8200 Intelligence Corps who claim it took them 30 minutes to create and publish an extension that could bypass most security environments, including those at large enterprises. Born from that was Koi, which they say "scans, governs, and monitors self-provisioned enterprise software at scale.""
"Palo Alto told The Register it does not comment on rumor and speculation. However, a person close to Palo Alto said that this is one of several rumors that have sprouted up following a visit to Tel Aviv last month by CEO Nikesh Arora. "This is not the first guess coming out of the Israel media following that visit," said the person who was not authorized to make an official statement about the matter on behalf of the company."
"Palo Alto has been in the mood for M&A recently with three acquisitions announced last year. It closed on its purchase of Protect AI in July. Protect AI's staff and technology are the cornerstone of Palo Alto's PrismaAIRS product, designed to mitigate threats posed by AI, the company said. In July it also announced that it would buy CyberArk for $25 billion which, if it closes, would be the biggest acquisition in the company's history."
Palo Alto Networks is reportedly considering a roughly $400 million acquisition of Israeli cybersecurity startup Koi, which raised $48 million last year. Koi provides endpoint security and claims it can "Secure anything with an 'Install' button," saying it can create extensions that bypass many security environments and that it "scans, governs, and monitors self-provisioned enterprise software at scale." CEO Nikesh Arora visited Tel Aviv, met 1,600 local employees and CyberArk teams while Palo Alto pursues a $25 billion CyberArk deal. Recent deals include Protect AI, whose staff and technology power Palo Alto's PrismaAIRS AI threat mitigation product.
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