Palo Alto Networks closes acquisition of IBM's QRadar SaaS assets; partnership expands

Palo Alto Networks Inc

Completed acquisition of IBM's QRadar SaaS assets on Aug 31, 2024; free migration services for eligible customers to Cortex XSIAM.
IBM to deploy Palo Alto Networks' Cortex XSIAM and Prisma SASE 3.0 for 250,000+ global workforce; IBM Consulting trained 1,000+ consultants.
Palo Alto Networks will use IBM's watsonx AI platform to drive additional AI and automation capabilities.
On-prem QRadar clients continue to receive IBM support; QRadar SaaS customers remain supported until ready to migrate.

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