Palo Alto Networks has completed its purchase of IBM's QRadar SaaS service and is spending $500 million to buy up customer stakes for PAN's next-generation AI security Cortex platform.
Palo Alto Networks and IBM are collaborating to monitor and manage cybersecurity threats
Neither company is commenting but this looks like a straight customer pitch, with IBM promising a "seamless and free migration" to PAN's Cortex system. Over 1,000 Big Blue consultants have been trained on the scheme and costs should not rise for eligible customers, it said.
"Working with Palo Alto Networks will be a strategic advantage for IBM as our two companies partner in advanced threat protection, response and security operations using Cortex XSIAM and watsonx, supported by IBM Consulting," CEO Arvind Krishna said in a statement.
"At the same time, IBM will continue to innovate to help secure organizations' hybrid cloud environments and AI initiatives, focusing our investments on data security and identity and access management technologies."
