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Palo Alto Networks is buying security assets from IBM to expand customer base
Palo Alto Networks is buying IBM's QRadar as part of a bigger partnership between the two companies.
Palo Alto Networks is buying cloud security software assets from IBM as part of a broader partnership that will give the cybersecurity company access to more consultants and a bigger customer base. In a joint press release, the companies said Palo Alto is acquiring IBM's QRadar cloud software for an undisclosed sum and migrating existing customers to its security platform, Cortex Xsiam. In March, Cisco closed its$28 billion acquisition of Splunk, the networking company's largest deal ever, snapping up the leading provider of security information and event management (SIEM) software.
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