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M&A Deal Summary

Palo Alto Networks Acquires Protect AI

On April 28, 2025, Palo Alto Networks acquired information technology company Protect AI

Acquisition Highlights
  • This is Palo Alto Networks’ 11th transaction in the Information Technology sector.
  • This is Palo Alto Networks’ 13th transaction in the United States.
  • This is Palo Alto Networks’ 1st transaction in Washington.

M&A Deal Summary
Date 2025-04-28
Target Protect AI
Sector Information Technology
Buyer(s) Palo Alto Networks
Deal Type Add-on Acquisition

Target

Protect AI

Seattle, Washington, United States
Protect AI is a cybersecurity company focused on AI & ML systems. Through the delivery of innovative security products and thought leadership in MLSecOps, the company helps customers build a safer AI-powered world. Protect AI is based in Seattle, Washington, with offices in Dallas, Texas, and Raleigh, North Carolina.

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Buyer(S) 1

Buyer

Palo Alto Networks

Santa Clara, California, United States
Category Company
Founded 2005
Sector Information Technology
Employees15,166
Revenue 8.0B USD (2024)
DESCRIPTION
Palo Alto Networks' corporate headquarters in Santa Clara, California.
Palo Alto Networks' corporate headquarters in Santa Clara, California.

Palo Alto Networks is a cybersecurity company that provides a range of security products and services to businesses and organizations. The company's products include network security, cloud security, and endpoint protection, among others. Palo Alto Networks was founded in 2005 and is headquartered in Santa Clara, California.

DEAL STATS #
Overall 19 of 21
Sector: Information Technology M&A 11 of 11
Type: Add-on Acquisition M&A Deals 19 of 21
State: Washington M&A 1 of 1
Country: United States M&A 13 of 14
Year: 2025 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-06 Talon

Tel Aviv, Israel

Talon is an enterprise browser technology company that provides cutting-edge solutions when combined with Prisma SASE, which will enable users to securely access business applications from any device, including mobile and other non-corporate devices while delivering seamless user experiences. Talon is based in Tel Aviv, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-30 CyberArk

Petach Tikva, Israel

CyberArk focuses on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. CyberArk was founded in 1996 and is based in Petah Tikva, Israel.

Buy $25.0B
Mergr

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