Kirkland Advises Palo Alto Networks on Partnership with IBM to Deliver AI-Powered Security

Kirkland & Ellis advised global cybersecurity company Palo Alto Networks (NASDAQ: PANW) on a broad-reaching partnership with IBM (NYSE: IBM) that will deliver AI-powered security outcomes to customers. As part of this expanded partnership, Palo Alto Networks has agreed to acquire IBM’s QRadar Software as a Service (SaaS) business, and the two companies will partner to offer seamless migration for QRadar customers to Palo Alto’s Cortex XSIAM.

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The Kirkland team was led by corporate partners Maggie Flores, Jaye Kasper and Sarkis Jebejian; technology & IP transactions partners Neil Hirshman, Aaron Lorber, Matt Darch, Todd Herst, Kevin Jacobsen and Adam Petravicius; and tax partners Sara Zablotney and Heidi Yuen.