Palo Alto Networks announced on Wednesday that it was acquiring Chronosphere for $3.35 billion to boost its AI-enabled cybersecurity offerings. Palo Alto CEO Nikesh Arora tells Bloomberg's Ed Ludlow that the acquisition of Chronosphere put the company “smack in the middle of where the market is going.”

<p>Palo Alto Networks announced on Wednesday that it was acquiring Chronosphere for $3.35 billion to boost its AI-enabled cybersecurity offerings. Palo Alto CEO Nikesh Arora tells Bloomberg's Ed Ludlow that the acquisition of Chronosphere put the company &ldquo;smack in the middle of where the market is going.&rdquo;</p>

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Palo Alto Networks CEO Talks Earnings, Acquiring Chronosphere

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