![]() ![]() Palo Alto's market cap has reached as high as $5.3B, and the company has enjoyed a favorable balance sheet on the success of its commercial offerings. Since launching its first firewall product in 2007, the company has enjoyed tremendous success, culminating in its Jinitial public offering. For non-techies out there, their unique firewall controls what traffic is or is not allowed on a network by deploying policies to deny unwanted applications, while allowing specific applications or functions through, regardless of their location, device or what port they are trying to access. The idea behind the founding of Palo Alto Networks ( NASDAQ: PANW) in 2005 was a simple one - the creation of a next generation firewall product capable of securing a customer's network that is not based on port traffic classification, but rather on application identification, regardless of port, protocol or SSL. ![]()
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