Palo Alto Networks Morrison Foerster advised Palo Alto Networks, a global cybersecurity leader, in its $3.35 billion acquisition of Chronosphere, a next-generation observability platform built to scale for the AI era. The firm also advised Palo Alto Networks in connection with its $700 million acquisition of Protect AI, an innovative leader in securing the use of AI and machine learning applications and models. The transactions position Palo Alto Networks to meet the AI security demands of every major sector and enhance its core ability to assist enterprises in adapting to an environment where modern applications and AI workloads require a single, unified foundation for both data and security. Chronosphere was built to scale for the data demands of the AI era from day one.” Nikesh Arora, Chairman and CEO, Palo Alto Networks 26 Morrison Foerster
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