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Zscaler is reportedly in talks to buy Avalor
ZSZscaler(ZS) Invezz·2024-01-22 18:44

Shares of Zscaler Inc (NASDAQ: ZS) are up 4.0% on Monday following a report that the cloud security company is in talks to buy Avalor.How much could Zscaler spend on Avalor?Copy link to sectionThe $36 billion company based out of San Jose, California is willing to spend between $250 million to $350 million on the potential acquisition, as per a Calcalist report over the weekend. Zscaler is yet to comment on the news. But Raanan Raz – the chief executive of Avalor said in a statement to Calcalist today:We ar ...