On Friday, Palo Alto Networks debuted for trading on the New York Stock Exchange. Having priced the previous evening at $42 a share, the shares finished their first day of trading at $53.13, amounting to a rise of 26.5 percent. The company raised $260 million.
Palo Alto Networks has rolled out an extensive product expansion aimed at beefing up security in both virtualized and physical enterprise networks. Described as "the largest rollout" in the history of the company, the announcement includes four new products and more than 60 new features to existing products.
An interesting thing happened on the road to mobility. In the past, road warriors only needed a VPN connection in order to access corporate resources from time to time. It’s what VPNs were designed to do, namely to take the cost out of modem banks and toll free phone lines, and replace them with cheaper connections to an Internet Service Provider. The VPN provided a way for users to set up temporary remote access connections over public networks. While VPN remote access remains a vital component of a mobility solution, it’s not the only requirement.
While information security is about protecting your customers from a wide range of threats, the chief marketing officer of Palo Alto Networks is cautioning his channel partners against marketing based on fear.
Computer-security appliance seller Palo Alto Networks Inc. analyzed Internet traffic on the networks of more than 2,000 large companies between November and May and found a hefty increase in video viewing in the office.