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Category: Mergers and Acquisitions, Network Security

Palo Alto Networks to buy Protect AI, strengthen AI security platform

Palo Alto Networks Monday announced plans to acquire AI security platform vendor Protect AI in a deal that will strengthen its Prisma AIRS security platform, which includes AI agent capabilities. The financial details of the deal were not disclosed, but analysts from investment banking and capital markets firm Jeffries reportedly estimated Palo Alto Networks will spend between $650…