M&A

M&A

Cloud security firm Zscaler to acquire deception tech co Smokescreen

Press Release  

San Jose (CA), US-based, Nasdaq-listed cloud security firm Zscaler, Inc is to acquire Mumbai-based Smokescreen Technologies, an active defence and deception technology firm. Smokescreen's Technologies will be integrated into the Zscaler Zero Trust Exchange, which claims to enhance Zscaler's ability to precisely detect sophisticated, highly targeted attacks, ransomware and lateral movement attempts. Additionally, Smokescreen will provide threat intelligence and telemetry for the Zscaler team to proactively hunt for emerging adversary tactics and techniques. The transaction is expected to close during Zscaler's fiscal fourth quarter ending July 31, 2021.