On November 19, 2025, global cybersecurity leader Palo Alto Networks announced that it has entered into a definitive agreement to acquire Chronosphere, a next-generation observability platform built to scale for the AI era, for total consideration of $3.35 billion. Wilson Sonsini Goodrich & Rosati advised Chronosphere on the transaction.
The combination of Chronosphere and Palo Alto Networks’ AgentiX platform will deliver real-time, agentic remediation for the world’s leading AI-native companies and strengthen Palo Alto Networks' ability to help organizations navigate a world where modern applications and AI workloads demand a unified data and security foundation. The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close in Palo Alto Networks’ second half of fiscal year 2026.
The Wilson Sonsini team that advised Chronosphere on the acquisition was led by Damien Weiss, Todd Cleary, Jack Hamilton, and Rob Broderick, and also included:
Mergers & Acquisitions
Cassie Wetzel
Stacy Lee
Ikechi Ngwangwa
Eric Conner
Corporate
Abi Riddle
Will Andrews
Sean Kemp
Employee Benefits and Compensation
Sriram Krishnamurthy
Matthew Norgard
Brett Condie
Laura Yun
Sophia Friedfertig
Employment Law
Matt Gorman
Quinn Christie
Technology Transactions
Jamie Clessuras
Barath Chari
Caitlyn Bingaman
Mina Li
Larissa Bersh
Stephanie Stark
Data, Privacy, and Cybersecurity
Matt Staples
Daniel Chen
Chany Kim
Antitrust and Competition
Jamillia Ferris
Michelle Yost Hale
Kim Biagioli
Miata Eggerly
Regulatory
Josh Gruenspecht
Anne Seymour
Nimit Dhir
Timothy Cox
Grace Beck
Real Estate
Susan Reinstra
Martin Sul
Alex Corluyan
Delaware Law
Ryan Greecher
Ryan Hart
For more information, please see Palo Alto Networks’ news release.
