Palo Alto Networks announced that it had entered into an agreement to acquire Bridgecrew, a cloud security company. The proposed acquisition will enable the Prisma Cloud to become a cloud security platform that provides security during the full application lifecycle.
Bridgecrew is a pioneer in infrastructure as code (IaC), where infrastructure configuration is codified during development. The security platform offers developers and DevOps teams a systematic way to enforce infrastructure security standards throughout the development lifecycle. The proposed acquisition will enable Prisma Cloud to provide developers with security assessment and enforcement capabilities throughout the DevOps process.
Bridgecrew's open-source IaC scanner, Checkov, surpassed one million downloads in 2020 - its first full year of availability. Bridgecrew co-founders Idan Tendler, Barak Schoster and Guy Eisenkot, and their teams will join Palo Alto Networks.
Under the terms of the agreement, Palo Alto Networks will acquire Bridgecrew for approximately $156 million in cash. The acquisition is expected to close during the third quarter.