Palo Alto Networks to Acquire Observability Leader Chronosphere for $3.35B

Palo Alto Networks is buying observability platform Chronosphere for $3.35 billion in cash and equity to deepen its AI-era capabilities. The deal will integrate Chronosphere’s always-on, scalable data infrastructure with Palo Alto’s Cortex AgentiX platform, enabling real-time, agent-driven remediation and massive-scale visibility. Chronosphere reported over $160 million in annual recurring revenue and high-growth momentum. The acquisition is expected to close in the second half of Palo Alto’s fiscal 2026.

https://www.telecompaper.com/news/palo-alto-to-acquire-containers-observability-platform-chronosphere-for-usd-335-billion--1554697

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