Palo Alto Networks is buying security assets from IBM to expand customer base
Publishing timestamp: 2024-05-15 19:26:44
Summary
Palo Alto Networks is acquiring IBM's QRadar cloud software assets and migrating customers to its own platform. The move is part of a broader partnership that will give Palo Alto access to more consultants and a larger customer base. The cybersecurity industry is seeing increased consolidation as companies prepare for more cyber attacks. IBM will adopt Palo Alto's products internally and train over 1000 consultants on them. Palo Alto's CEO mentioned the need to compete better against Splunk in the market. IBM will continue to sell its QRadar software for on-premises data centers but will suggest clients consider switching to Palo Alto's Cortex Xsiam.
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