Palo Alto Networks to Acquire Chronosphere for $3.35B, Bringing AI‑Scale Observability to Cortex AgentiX
Updated: November 19, 2025 SANTA CLARA, Calif. — Palo Alto Networks announced today that it has entered into a definitive agreement to acquire Chronosphere, a fast‑growing cloud‑native observability platform, in a deal valued at $3.35 billion to be paid in cash and replacement equity awards. The companies said the transaction is expected to close in the second half of Palo Alto Networks’ fiscal 2026, pending customary regulatory approvals. PR Newswire+1 Why this deal matters Palo Alto Networks plans to pair Chronosphere’s high‑volume, cost‑efficient telemetry pipeline with its Cortex AgentiX platform to move beyond monitoring dashboards toward real‑time, agentic remediation—where AI agents can detect issues, investigate root causes, and autonomously