Palo Alto Networks to acquire Chronosphere for $3.35bn.

Palo Alto Networks, a global cybersecurity company, agreed to acquire Chronosphere, an observability platform built for control in the modern, containerized world, for $3.35bn. "The foundational requirement for every modern AI data center is constant uptime and resilience, which demands real-time, always-on observability delivered at the right cost. 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. And once we leverage AgentiX with Chronosphere, we will take observability from simple dashboards to real-time, agentic remediation. We are excited to not just enter this space, but to disrupt it," Nikesh Arora, Palo Alto Networks Chairman and CEO.