Palo Alto Networks reports Q1 revenue up 16% YoY to $2.47B, vs. $2.46B est., forecasts Q2 revenue in line with est., and acquires Chronosphere for $3.35B
Palo Alto Networks beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday and announced plans …
CNBC Samantha Subin
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- As a CIO and a practitioner I am truly excited about the Chronosphere acquisition that Palo Alto Networks announced today. … Meerah Rajavel
- A momentous day for Chronosphere: I'm thrilled to announce that we have entered into a definitive agreement to be acquired by Palo Alto Networks! … Martin Mao
- Big acquisition in the observability space. I guess if you have to compete with Splunk on the SIEM you need observability also. … Pramod Gosavi
- Exciting news from Palo Alto Networks this afternoon. This gives us data foundation needed to power the next generation of AI-driven incident response and cyber advisory services. … Sam Rubin
Discussion
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@saammotamedi
Saam Motamedi
on x
Congratulations to Martin, Rob and team on today's announcement that Palo Alto Networks has agreed to acquire Chronosphere, an observability leader, for $3.35B, and to my partner Jerry for leading the seed round for @GreylockVC in 2019
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@paloaltontwks
@paloaltontwks
on x
POV: Transform observability from passive monitoring into a groundbreaking, fully autonomous platform. Excited to announce our intent to acquire @chronosphereio, a leader in cloud-native observability and AI resiliency solutions. Details in our release. https://www.paloaltonetwor…
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@stephanie_link
Stephanie Link
on x
$PANW: “The reality is that while 78% of organizations are embracing AI, 94% still lack the necessary security guardrails”. TAM is enormous. Consolidation ahead. #platformization
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@jerrychen
Jerry Chen
on x
1/ Congrats to @martin_c_mao, @roskilli and the entire @chronosphereio team on today's announcement: @PaloAltoNtwks has signed a definitive agreement to acquire Chronosphere. More from me on the news: https://greylock.com/...
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@anshublog
Anshu Sharma
on x
Congrats team Chronosphere, and to my friend @jerrychen who invested early and big here. (If you have't read Jerry's posts on strategy and moats, you are missing out.)
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@breeves08
Brandon Reeves
on x
Congrats to whole @chronosphereio team on their news today. @PaloAltoNtwks announced that is has signed a definitive agreement to acquire Chronosphere. @martin_c_mao and @roskilli have been two of the most impressive founders I've had the privilege to work with and was clear [ima…
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@wolfejosh
Josh Wolfe
on x
1/🚨Palo Alto Networks (PANW) today revealed acquisition of Lux family co @chronosphereio for $3.35 billion in cash Chronosphere's data observability platform is built to scale for the AI era the founders worked in our Lux NYC office + we funded Chronosphere's Series A in 2019!
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r/wallstreetbets
r
on reddit
Palo Alto tops first-quarter earnings expectations, but stock slips