Cisco Systems tried to buy Palo Alto, but deal fell apart, Reuters reports

theflyonthewall.com

Cisco Systems (CSCO) tried to buy Palo Alto Networks (PANW) before the company went public in July, but two sources say the companies were "billions of dollars apart" on a deal valuation, Reuters reports. One source says Cisco could look at Fortinet (FTNT) and Barracuda Networks.

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