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January 23, 2026
Kirkland Advises Palo Alto Networks on Partnership with IBM to Deliver AI-Powered Security
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AI-made summary
- Kirkland & Ellis represented Palo Alto Networks in a partnership agreement with IBM to provide AI-powered security solutions
- As part of the deal, Palo Alto Networks will acquire IBM’s QRadar Software as a Service (SaaS) business
- The companies will collaborate to facilitate the migration of QRadar customers to Palo Alto’s Cortex XSIAM platform
- The Kirkland team included corporate, technology, IP transactions, and tax partners.
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. Read the transaction press release 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.
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