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PALO ALTO NETWORKS INC (PANW)
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Palo Alto : Rocus Networks Named as Palo Alto Networks Managed Cybersecurity Service Provider

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01/12/2019 | 03:50am EST

Rocus Networks, a managed cybersecurity service provider for business, announced today that it has entered the Palo Alto Networks NextWave Managed Security Service Provider (MSSP) Program.

"We created the MSSP program due to increased customer demand for managed security services and to provide a better way to connect businesses with service providers," said Karl Soderlund, Senior Vice President, Worldwide Channel Sales at Palo Alto Networks. "As part of our NextWave MSSP program, partners like Rocus Networks can continually and efficiently improve security effectiveness for our mutual customers, and accelerate the deployment of new security services."

"This program with Palo Alto Networks allows Rocus Networks to provide organizations, regardless of size, with best-in-class next-generation security technology without the need to hire dedicated security personnel," said Michael Viruso, Rocus Networks Chief Strategy Officer. "They get cloud-delivered, enterprise-level security that is easy to use and won`t disrupt business operations."

The Palo Alto Networks NextWave MSSP Specialization empowers managed services partners with the most innovative technology in the industry, protection on registered deals and best-in-class training, all to provide our mutual customers with the technical expertise and services they require of their trusted security advisers.

(c) Sabanews.net 1999 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 2 824 M
EBIT 2019 631 M
Net income 2019 -45,6 M
Finance 2019 2 914 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 310,12
EV / Sales 2019 5,73x
EV / Sales 2020 4,47x
Capitalization 19 100 M
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Number of Analysts 39
Average target price 240 $
Spread / Average Target 19%
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Nikesh Arora Chairman & Chief Executive Officer
Amit Singh President
Kathleen Ann Bonanno Chief Financial Officer & Executive Vice President
Nir Zuk Director & Chief Technology Officer
Naveen Zutshi Chief Information Officer & Senior Vice President
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