Proofpoint to Acquire Meta Networks for $120 Million

Cybersecurity company Proofpoint this week announced that it entered into a definitive agreement to acquire zero trust network access (ZTNA) provider Meta Networks. Meta Networks’ Network-as-a-Service (NaaS) helps connect and secure people, applications, clouds, data centers, and offices. User-centric, the NaaS aims to replace site-centric network security with granular, zero trust access control, auditable user/device identity, and Internet security solutions. The company wants to integrate Meta Networks’ ZTNA technology with its cloud access security broker (CASB) and web isolation product lines, to deliver a more robust cloud access and security platform. “The Proofpoint common stock will be issued and a cert ..