Banyan Security’s acquisition by SonicWall is an initiative to expand the company’s cloud security portfolio
SonicWall Inc., the network security provider announced the acquisition of Banyan Security Inc., a provider of edge service security solutions for workforces, to expand its cloud services portfolio.
Robert VanKirk, Chief Executive at Sonic Wall, said, “The purchase will fill out SonicWall’s existing cybersecurity portfolio with zero-trust features that previously had been fulfilled through original equipment manufacturers. Right out of the gates, it was very clear that our focus was on rounding out key capabilities both organically and organically in managed detection and response, extended detection and response, SSE and zero trust. We believe this positions us well with an end-to-end solution.”
Matt Neiderman, SonicWall’s chief strategy officer, said, “SonicWall sells mainly to small and mid-sized customers through channel partners. That market tends to be led by specific use cases as opposed to somebody asking for an entire SSE architecture. It tends to be led more by a need to replace a legacy virtual private network (VPN) with ZTNA(Zero Trust Network Access) or adding a security web gateway to a virtual firewall. SonicWall intends to deliver any and all components of a SASE architecture in hybrid networks where people are moving to the cloud but may still have legacy parts of a local area network security infrastructure.”
“If you have a traditional network, but you’re accessing just some applications in the cloud, then a physical firewall may be the easiest solution. If you’re more fully migrated to the cloud, then having a total package solution makes sense. We’re providing the flexibility to stay on your cloud journey and use just these components you need,” Neiderman added.