January 18, 2018 | Palo Alto Networks, a cybersecurity company founded by Israeli Nir Zuk, announced the opening of a new office and research and development center in Tel Aviv. The company’s new operations will be located near the Hashalom train station, the company said in a press release on January 11. The Santa Clara, California-based firm said its Israel team has grown significantly over the past 3.5 years since Palo Alto acquired Cyvera, an Israel-based cyber firm for some $200 million in 2014. The company also acquired LightCyber in 2017 for a total of $105 million, further growing its Israel team as “other teams have grown and new functions are now housed in Israel, including customer support, sales and DevOps.” Palo Alto says the “rapid expansion prompted the need for a new facility that enables collaboration, provides room for future growth, and features great amenities for an increasing employee base.” The new offices, the company said in the statement, “will host over 200 employees across several operational functions, including IT, HR, facilities and finance.” Tel Aviv is the only R&D site for Palo Alto outside of its Santa Clara global headquarters.
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