Palo Alto Networks Acquires Chronosphere for $3.35 Billion

January 30, 2026

Palo Alto Networks agreed to acquire Chronosphere, an observability platform, for about $3.35 billion in cash and replacement equity awards (plus subject to adjustments), to advance AI-era observability and security. The acquisition integrates Chronosphere’s cloud-native telemetry with Palo Alto Networks’ Cortex AgentiX/AI-agent capabilities to enable real-time autonomous remediation. The deal was completed on January 29, 2026.

Buyers
Palo Alto Networks, Inc.
Targets
Chronosphere, Inc.
Sellers
a group of shareholders
Industry
Cybersecurity
Location
United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.