TechThe Information1h ago

Palo Alto Networks in Talks to Pay $500 Million for AI Security Startup

TL;DRPalo Alto Networks may buy Israeli AI security startup Clutch for $500 million.

Why it matters: Shows major cybersecurity players racing to acquire AI-native security tech amid rising threats.

Palo Alto Networks is in talks to buy three-year-old Israeli security startup Clutch Security for around $500 million, according to people familiar with the matter. If finalized, the acquisition would be the fifth Palo Alto Networks has announced this year, as CEO Nikesh Arora…

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