Palo Alto Networks Acquires Chronosphere for $3.35 Billion

Palo Alto Networks Acquires Console

September 1, 2026

Cybersecurity

Palo Alto Networks acquired Console, an AI-native platform for building agentic workflows across enterprise operations. The acquisition is intended to deepen Console’s agentic capabilities in Palo Alto Networks’ Cortex security platform to help teams investigate signals, prioritize work, and take action through AI-powered workflows.

Palo Alto Networks Acquires Portkey to Build AI Gateway Control Plane for Autonomous Agents

May 1, 2026

Cybersecurity

Palo Alto Networks announced it intends to acquire Portkey, which provides centralized AI gateways for managing and protecting autonomous AI agents. The acquisition is intended to make Portkey the AI Gateway control plane for Palo Alto Networks’ Prisma AIRS platform, enabling runtime monitoring, routing, governance, and security for agentic AI traffic.

Palo Alto Networks Acquires CyberArk

February 19, 2026

Cybersecurity

Palo Alto Networks entered into a definitive cash-and-stock agreement to acquire CyberArk for approximately $25 billion in equity value. The deal was structured so that CyberArk shareholders would receive $45.00 in cash and 2.2005 shares of Palo Alto Networks stock for each CyberArk share. Palo Alto Networks later completed the acquisition on February 11, 2026.

Palo Alto Networks Acquires The Crypsis Group

August 24, 2020

Cybersecurity

Palo Alto Networks has entered into a definitive agreement to acquire The Crypsis Group for $265 million in cash, subject to customary adjustments and approvals. The acquisition will integrate Crypsis' incident response, risk management and digital forensics capabilities into Palo Alto Networks' Cortex XDR platform to strengthen detection, response and breach management.

Palo Alto Networks Acquires Zingbox

September 20, 2019

Cybersecurity

Palo Alto Networks has completed the acquisition of Zingbox, an IoT-focused cybersecurity company, for approximately $75 million in cash. The deal brings Zingbox's AI/ML-driven, cloud-based IoT security capabilities into Palo Alto Networks' Next-Generation Firewall and Cortex platforms to expand its IoT security offerings.

Palo Alto Networks Acquires Demisto

March 28, 2019

Cybersecurity

Palo Alto Networks completed the acquisition of Demisto, a security orchestration, automation and response (SOAR) vendor, to integrate Demisto's automation and AI capabilities into its Cortex security platform. The deal was valued at approximately $560 million in cash and stock and is intended to expand Palo Alto Networks' automated threat prevention and response capabilities for security operations teams.