04:46 PM EST, 11/19/2025 (MT Newswires) -- Palo Alto Networks ( PANW ) said late Wednesday it will acquire the observability platform Chronosphere for $3.35 billion to provide clients an autonomous remediation platform.

Palo Alto Networks' ( PANW ) Cortex AgentiX platform will be combined with Chronosphere's ingestion architecture to deploy AI agents on massive data volumes to detect performance roadblocks, autonomously investigate them, and provide remediation with agentic support, according to a statement.

The acquisition is expected to provide clients better visibility across both security and observability data, while realizing cost efficiencies, the company said.

The acquisition is expected to be completed in H2 fiscal 2026, subject to closing conditions, according to the company.