SonicWall Acquires Cloud Security Provider

Published On: January 14, 2024Categories: Buzz

SonicWall, a Milpitas, California-based cybersecurity company, has announced the acquisition of Banyan Security, a provider of security service edge (SSE) solutions.

“For years, firewalls have been the cornerstone of cybersecurity defenses,” said SonicWall President and CEO Bob Vankirk. “However, with the rise of cloud computing and secure access service edge (SASE), the industry is shifting its focus to more comprehensive and flexible approaches that include SSE and ZTNA as a necessity. Together, SonicWall and Banyan Security will provide cloud-based secure access service edge (SASE) solutions that empower partners to deliver a security architecture for any stage of their customers’ evolving cloud journey.”

The acquisition is intended to align with SonicWall’s strategy — which includes network, endpoint, wireless, cloud email, and threat intelligence — under a multi-tenant portal that offers unified threat visibility.

With remote work continuing to be an important development, secure access to critical business applications has become increasingly complex, thereby driving the adoption of Zero Trust models.

The announcement comes on the heels of SonicWall’s acquisition of Solutions Granted, Inc. (SGI), which provides managed detection and response services for Managed Service Providers and Managed Security Service Providers.

Terms of the Banyan Security acquisition were not disclosed. The acquisition was completed on December 26th.

Channel Impact®
This acquisition strengthens SonicWall’s portfolio by adding Zero Trust security for companies transitioning away from legacy architectures in favor of SSE solutions, including Zero Trust Network Access (ZTNA).

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