Palo Alto Networks Completes Acquisition of Protect AI

Extends AI security leadership with comprehensive protection for the entire AI lifecycle

SANTA CLARA, Calif., July 22, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Protect AI, an innovative leader in securing Artificial Intelligence (AI) applications and models. The acquisition accelerates Palo Alto Networks' commitment to securing the next generation of technology infrastructure, a landscape increasingly defined by the rapid proliferation of AI. The result is a single company to meet the demand from organizations across every major industry—from finance, government, and healthcare to manufacturing and retail—all of whom are leveraging AI to innovate, establishing Palo Alto Networks as the definitive standard for comprehensive AI security.

The integration of Protect AI's forward-thinking technology and its team of experts will be a cornerstone of Palo Alto Networks' Prisma® AIRS™, the industry's most comprehensive AI security platform. Organizations are increasingly building complex ecosystems of AI models, applications, and agents. This creates a dynamic new attack surface with risks that traditional security approaches cannot address. The combination of Protect AI and Palo Alto Networks brings together model scanning, posture management, AI red teaming, runtime protection, and AI agent security, enabling Prisma AIRS to help businesses confidently deploy AI-driven innovation while ensuring a formidable security posture from development through runtime.

Anand Oswal, SVP and GM of Network Security, Palo Alto Networks, said:
"The promise of AI is immense, but so are the security risks. Our customers are moving quickly to adopt AI and are asking for a partner who can secure their entire AI ecosystem at scale. Protect AI's capabilities are a powerful complement to our innovative Prisma AIRS platform, and scales our ability to provide both depth and breadth in AI security to deliver protection across the entire AI lifecycle."

Protect AI CEO Ian Swanson joins Palo Alto Networks as VP, Product, Prisma AIRS, comments:
"Joining forces with Palo Alto Networks propels our team and AI security platform into a new era of scale and impact. Our vision has always been to make AI secure, safe, and trustworthy for everyone. With Palo Alto Networks' global reach, deep cybersecurity expertise, and commitment to innovation, we can accelerate this vision exponentially. We are thrilled to integrate our capabilities into Prisma AIRS and continue innovating to empower a broader set of customers to build and deploy AI bravely."

Innovation and technology leader Leidos, a strategic partner to both companies, is already demonstrating safe AI acceleration for government customers with Prisma AIRS, reflecting the anticipation of hundreds of organizations for a single, comprehensive security platform.

Eric Moore, CTO, Digital Modernization Sector at Leidos said:
"Securing AI—from the model file to runtime behavior—requires a holistic, platform-based approach. With Protect AI now part of Palo Alto Networks, organizations can rely on a single vendor to address end-to-end AI risk, including model vulnerability scanning, automated red teaming, and runtime protection. This is especially critical in regulated industries and national security environments where the adoption of AI is accelerating and the risks are uniquely high. The acquisition represents a leap forward in delivering Secure AI By Design—from code to mission-critical deployment. As one of the early adopters of Protect AI, Leidos is proud to help the most advanced government and industry users build, deploy, and manage secure AI systems aligned with national security objectives."

For TELUS Digital, a leading telecommunications provider at the forefront of AI transformation, securing new AI tools is a top priority.

As an early customer of Prisma AIRS, Steve Jablonski, CTO, TELUS Digital, shares:
"What we're excited about with Prisma AIRS is the ability to see how API calls are being made. We can look at malicious detections that are being performed by AI tools across the board."

Showcasing AI Security Innovation at Black Hat USA 2025
Visit the Palo Alto Networks (Booth #3240) and Protect AI (Booth #3264) booths for security solution demonstrations and discussions, featuring Prisma AIRS at the upcoming Black Hat USA 2025 conference in Las Vegas from August 5-7, where together they will share insights into the evolving landscape of AI security.

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ABOUT PALO ALTO NETWORKS
As the global AI and cybersecurity leader, Palo Alto Networks (NASDAQ: PANW) is dedicated to protecting our digital way of life via continuous innovation. Trusted by more than 70,000 organizations worldwide, we provide comprehensive AI-powered security solutions across network, cloud, security operations and AI, enhanced by the expertise and threat intelligence of Unit 42. Our focus on platformization allows enterprises to streamline security at scale, ensuring protection fuels innovation. Explore more at www.paloaltonetworks.com.

Palo Alto Networks, Prisma AIRS, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States or in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including, but not limited to, statements regarding the anticipated benefits and impact of the acquisition on Palo Alto Networks and its customers. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to: the ability of Palo Alto Networks to integrate Protect AI's technology, operations and business; developments and changes in general market, political, economic, and business conditions; failure of our product offerings; failure to achieve the expected benefits of our acquisitions; risks associated with managing our growth; risks associated with new product, subscription and support offerings, including our efforts to leverage AI; shifts in priorities or delays in the development or release of new offerings, or the failure to timely develop and achieve market acceptance of new products and subscriptions as well as existing products, subscriptions and support offerings; failure of our business strategies; rapidly evolving technological developments in the market for security products, subscriptions and support offerings; defects, errors, or vulnerabilities in our products, subscriptions or support offerings; our customers' purchasing decisions and the length of sales cycles; our competition; our ability to attract and retain new customers; our ability to acquire and integrate other companies, products, or technologies in a successful manner; our debt repayment obligations; and our share repurchase program, which may not be fully consummated or enhance shareholder value, and any share repurchases which could affect the price of our common stock.

Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on May 21, 2025, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE Palo Alto Networks, Inc.