Palo Alto Networks and IBM to Jointly Provide AI-Powered Security Offerings
ID: 8ba84835-2627-535d-b276-fa2e94e1cb7a
STIX ID: report--8ba84835-2627-535d-b276-fa2e94e1cb7a
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**Executive summary:** Palo Alto Networks and IBM announced a broad partnership and an agreement for Palo Alto to acquire IBM's QRadar SaaS assets, migrate QRadar SaaS clients to Cortex XSIAM, and collaborate on a joint Security Operations Center, Cyber Range, and managed services while integrating IBM's watsonx AI; the transaction is subject to customary closing conditions and expected to close by September 2024.
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