Palo Alto Networks Paying $3.3B to Acquire Observability Startup Chronosphere, Which Has Roots in Seattle
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4 Articles
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.
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…
PANW Stock Today (Nov 19, 2025): Palo Alto Networks beats Q1, announces $3.35B Chronosphere deal; shares swing after hours
November 19, 2025 — Palo Alto Networks (NASDAQ: PANW) packed multiple headlines into one day: fiscal Q1 2026 results that grew double‑digits, a definitive agreement to buy observability platform Chronosphere for $3.35 billion, a board refresh, and a new quantum‑safe collaboration with IBM. PR Newswire+4PR Newswire+4Reuters+4 PANW stock price snapshot (after hours) Following the release, PANW shares whipsawed in late trading, changing hands arou…
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