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Palo Alto Networks Paying $3.3B to Acquire Observability Startup Chronosphere, Which Has Roots in Seattle

Summary by GeekWire
Chronosphere co-founders Martin Mao (CEO) and Rob Skillington (CTO). (Chronosphere Photo) Cybersecurity giant Palo Alto Networks announced Wednesday it

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After CyberArk, California's giant Palo Alto Networks announces the purchase of the cloud observability company Chronosphere for $3.35 billion in cash and equity. This amount represents more than 20 times the annual recurring revenues of Chronosphere. Palo Alto Networks wants to integrate Chronosphere technology into its platform [...] The post Palo Alto Networks announces the purchase of Chronosphere appeared first on ChannelNews.

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Palo Alto Networks spends $3.35 billion on the provider of cloud surveillance solutions Chronosphere, expanding its AI-based security products. The IT security group expands its portfolio with a billion acquisition: The cybersecurity provider takes over Chronosphere, a cloud management and monitoring specialist company. The purchase price is $3.35 billion. AI agents are designed to automatically track down problems With the acquisition, Palo Alt…

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ts2.tech broke the news in on Wednesday, November 19, 2025.
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