Zscaler to acquire Red Canary, terms undisclosed

Zscaler (ZS) announced it has signed a definitive agreement to acquire Red Canary. The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close in August 2025. “With our innovative AI-powered risk management services like Risk360 and the acquired data fabric technology from Avalor, we are disrupting legacy security operations just like we did with our Zero Trust ExchangeTM platform,” said Jay Chaudhry, CEO, chairman, and founder of Zscaler. “The proposed acquisition of Red Canary is a natural expansion of our capabilities into managed detection and response and threat intelligence to accelerate our vision of AI-powered SOC of the future. By integrating Red Canary with Zscaler, we will deliver to our customers the power of a fully integrated Zero Trust platform and AI-powered security operations.”