Home technology ibm Palo Alto Networks Acquires IBM's QRadar SaaS Assets in Landmark Cybersecurity Partnership
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CIO Bulletin
2024-05-20
Palo Alto Networks and IBM Forge New Frontiers in Cybersecurity, Powering the Future with AI-Driven Solutions.
In a groundbreaking move, Palo Alto Networks has acquired IBM's QRadar Software as a Service (SaaS) assets, marking the beginning of a new era in cybersecurity collaboration. The partnership between the two industry giants signals a significant shift in the cybersecurity landscape and promises to deliver unparalleled security solutions to customers worldwide.
QRadar, a longstanding part of IBM's product line, has been recognized for its excellence in security information and event management (SIEM), as well as extended detection and response (XDR). With this acquisition, Palo Alto Networks aims to leverage QRadar's advanced capabilities to enhance its own Cortex XSIAM platform, offering customers a comprehensive suite of security solutions powered by artificial intelligence.
Existing QRadar SaaS customers can expect a seamless transition to Palo Alto Networks' Cortex XSIAM platform, ensuring continuity and enhanced security features. IBM will continue to support on-premises QRadar customers, reaffirming its commitment to providing comprehensive security solutions to its clients.
As part of the expanded partnership, Palo Alto Networks will become IBM's preferred cybersecurity partner for internal security products and services. The collaboration will see the establishment of a joint security operations center, offering managed SOC services to customers, further bolstering their security posture.
The acquisition marks a significant milestone in the cybersecurity industry, showcasing the power of collaboration and innovation in addressing the ever-evolving threat landscape. As both companies join forces, customers can expect a new era of security excellence, powered by AI and driven by a shared commitment to protecting digital assets and safeguarding against emerging threats.
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