Wed Nov 19 21:20:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
Palo Alto Networks to Acquire Chronosphere for $3.35 Billion in AI Push
Palo Alto, CA – Cybersecurity giant Palo Alto Networks (PANW) announced Wednesday that it will acquire Chronosphere, a cloud management and monitoring company, for a hefty $3.35 billion. The acquisition is a strategic move aimed at bolstering Palo Alto Networks’ artificial intelligence capabilities.
The deal, to be paid in cash and replacement equity awards, is anticipated to close in the second half of fiscal year 2026. The company didn’t give much details about how Chronosphere will be integrated in AI offerings.
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