financetom
Business
financetom
/
Business
/
Palo Alto to buy Chronosphere for $3.35 billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Palo Alto to buy Chronosphere for $3.35 billion
Nov 19, 2025 1:55 PM

(Reuters) -Palo Alto 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 amount will be paid in cash and replacement equity awards, Palo Alto said. The deal is expected to close in the second half of fiscal 2026.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Musk's Neuralink raises fresh cash at $9 billion valuation, Semafor reports
Musk's Neuralink raises fresh cash at $9 billion valuation, Semafor reports
May 27, 2025
(Reuters) -Elon Musk's brain implant company Neuralink raised $600 million in a deal that values the company at $9 billion before the new cash, Semafor reported on Tuesday, citing people with knowledge of the matter. Neuralink did not immediately respond to a Reuters request for comment. The startup was estimated to be valued at $5 billion in 2023, based on...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BMO on Air Canada Outlook
BMO on Air Canada Outlook
May 27, 2025
01:42 PM EDT, 05/27/2025 (MT Newswires) -- BMO met with the senior management of Air Canada ( ACDVF ) and discussed the near-term outlook and progression towards medium-term targets. We come out from these discussions with reinforced confidence in our constructive investment thesis. Near-term bookings appear to be on solid footing, writes analyst Fadi Chamoun. Air Canada ( ACDVF )...
--Merck Maintains Quarterly Dividend at $0.81 Per Share; Payable July 8 to Shareholders of Record on June 16
--Merck Maintains Quarterly Dividend at $0.81 Per Share; Payable July 8 to Shareholders of Record on June 16
May 27, 2025
01:31 PM EDT, 05/27/2025 (MT Newswires) -- Price: 77.53, Change: -0.05, Percent Change: -0.06 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved