Cybersecurity provider Palo Alto Networks today announced it has entered into a definitive agreement to acquire observability platform provider Chronosphere for $3.35 billion in cash and equity, subject to changes in the deal’s value.
The deal enhances Palo Alto Networks’ ability to help organizations build a unified data and security fouhdation required for today’s applications and AI workloads, which require uptime and resilience as well as constant observability.
“Chronosphere was built to scale for the data demands of the AI era from day one, which is why it is chosen by leading AI-native and born-in-the-cloud organizations,” Nikesh Arora, chairman and CEO of Palo Alto Networks. said in the announcement. “And once we leverage AgentiX with Chronosphere, we will take observability from simple dashboards to real-time, agentic remediation.”
Palo Alto Networks said the combination of its AgentiX and Chronosphere’s optimized architecture for data ingestion will change observability from passive monitoring to a platform that can provide autonomous remediation. The combined solution will deploy AI agents to detect performance issues, find the root case, and offer agentic remediation.
