Palo Alto Networks is buying security assets from IBM to expand customer base

Palo Alto Networks is acquiring IBM's QRadar cloud software assets and will transition its users to the Cortex Xsiam platform. This move is part of a broader collaboration where IBM will integrate Palo Alto products internally and train over 1,000 consultants. The deal aims to enhance Palo Alto's market position against competitors like Splunk, amidst increasing consolidation in the cybersecurity industry.