Google Cloud lands deal with Palo Alto Networks ‘approaching $10 billion,’ per source

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Alphabet’s cloud computing unit and cybersecurity ‍company Palo Alto Networks on Friday announced an expanded partnership that one source ⁠told Reuters was by far Google Cloud‘s largest security services deal.

The contract comprises a commitment by Palo Alto to pay a sum “approaching $10 billion” to Google Cloud ‌over several ‌years, according to the person with direct knowledge of the matter.

Executives at both companies declined ‌to comment on the specific figures of the contract. Some of the spending will go into migrating Palo Alto’s…



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Google Cloud lands deal with Palo Alto Networks ‘approaching $10 billion,’ per source



Alphabet’s cloud computing unit and cybersecurity ‍company Palo Alto Networks on Friday announced an expanded partnership that one source ⁠told Reuters was by far Google Cloud‘s largest security services deal.

The contract comprises a commitment by Palo Alto to pay a sum “approaching $10 billion” to Google Cloud ‌over several ‌years, according to the person with direct knowledge of the matter.

Executives at both companies declined ‌to comment on the specific figures of the contract. Some of the spending will go into migrating Palo Alto’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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