Palo Alto Networks to Buy Chronosphere for $3.35 Billion, Posts Higher Revenue

Core Insights - The deal was announced alongside Palo Alto Networks reporting higher revenue in its latest quarter [1] - The company has raised its top-line view for the year, indicating positive growth expectations [1] Financial Performance - Palo Alto Networks posted increased revenue in the latest quarter [1] - The company has adjusted its revenue outlook upwards for the year, reflecting confidence in continued growth [1]