09.03.2020

WatchGuard acquires Panda Security

WatchGuard Technologies today announced that it has entered into a definitive agreement to acquire Panda Security. The combined entity will provide centralized management of advanced threat detection and response functionality fueled by artificial intelligence (AI), behavior profiling techniques, and cutting-edge security event correlation.

SEATTLE and MADRID – March 9, 2020 – WatchGuard Technologies, a global provider of network security and intelligence, secure Wi-Fi and multi-factor authentication, today announced that it has entered into a definitive agreement to acquire Panda Security, a global provider in advanced endpoint protection. Once the integration is complete, its joint customer and partner community should benefit from a powerful security platform that bridges the network and user perimeter, touting the same combination of innovative security features, and simplified packaging, deployment and management capabilities that both companies are known for today.

“Businesses today face an increasingly sophisticated and evolving threat landscape, scarcity of trained security professionals, and an increasingly porous perimeter. As a result, network security, advanced endpoint protection, multi-factor authentication, secure networking, and threat detection and response capabilities are consistently ranked as top security investment areas by IT decision-makers and IT solution providers who serve them,” said Prakash Panjwani, CEO of WatchGuard. “By bringing the companies together, we enable our current and future customers and partners to consolidate their fundamental security services under a single brand, backed by the innovation and quality that is a core part of both companies’ DNA.”