Palo Alto Networks Buys IBM QRadar SaaS Assets

Global cybersecurity company Palo Alto Networks completed the acquisition of IBM’s QRadar SaaS assets. This transaction underscores both companies’ commitment to enforcing threat prevention and addressing expanded attack surfaces with the complete platform approach.

Palo Alto’s Precision AI-powered Cortex XSIAM platform centralizes data and security operations capabilities – including SIEM, SOAR, ASM and XDR – into a single platform to streamline security operations and prevent threats at scale. Together, Palo Alto and IBM, as a preferred MSSP, can help global customers seamlessly shift from QRadar to Cortex XSIAM with no-cost migration services, via IBM Consulting for eligible customers.

IBM also has furthered its internal deployment of Palo Alto security platforms with the deployment of Cortex XSIAM, for its next-gen security operations, and Prisma SASE 3.0, for zero-trust network security. IBM’s adoption of these technologies exemplifies how customers can benefit from the streamlined operations of products across the Palo Alto portfolio. Palo Alto will also deploy IBM solutions such as watsonx AI and data platform to drive additional AI and automation capabilities.

“We are on a mission to help organizations transform their security operations and harness the potential of Precision AI-powered platforms to better protect their businesses,” said Palo Alto Networks chair and CEO, Nikesh Arora. “Our partnership with IBM reinforces our commitment to innovation and our conviction in the tremendous benefit of QRadar customers adopting Cortex XSIAM for a robust, data-driven security platform that offers transformative efficiency and effectiveness in defending against evolving cyber threats.”

“Together, IBM and Palo Alto Networks are shaping the future of cybersecurity for our customers and the industry at large,” said Arvind Krishna, IBM chairman and CEO. “Working with Palo Alto Networks will be a strategic advantage for IBM as our two companies partner on advanced threat protection, response, and security operations using Cortex XSIAM and watsonx, backed by IBM Consulting. At the same time, IBM will continue innovating to help secure organizations’ hybrid cloud environments and AI initiatives, focusing our investments on data security and identity and access management technologies.”

Benefits include seamless migration, enhanced security, advanced analytics and automation, IBM Consulting platform support and on-premise customer continuity.

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