Palo Alto Networks to buy Chronosphere for $3.35 billion, raises annual forecasts

By Juby Babu (Reuters) -Palo Alto Networks said on Wednesday it will buy cloud management and monitoring company Chronosphere for $3.35 ​billion, as the cybersecurity firm looks to strengthen its AI offerings. The Santa ‌Clara, California-based company plans to integrate Chronosphere with Cortex AgentiX platform, allowing use of its AI ‌agents on the cloud management firm's data to detect performance issues and autonomously investigate their root cause. Palo Alto will pay the deal amount in cash and new ...