Palo Alto takes a big $500M bite out of IBM QRadar
ID: 8484ce78-23be-5915-9f10-410e5387a5b9
STIX ID: report--8484ce78-23be-5915-9f10-410e5387a5b9
Feed Name: The Register (Security)
Palo Alto Networks acquired IBM’s QRadar SaaS customer base for $500 million and will migrate those customers to its Cortex XSIAM platform as part of a strategic partnership with IBM. IBM has trained over 1,000 consultants on Cortex, promises a cost-free migration for eligible customers, and will adopt Palo Alto’s Prisma SASE 3.0 for roughly 250,000 employees, while refocusing on data security and IAM offerings.
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