Morrison Foerster advised Palo Alto Networks, the global cybersecurity leader, in connection with the entry into its definitive agreement to acquire Protect AI, an innovative leader in securing the use of Artificial Intelligence (AI) and Machine Learning applications and models. This strategic acquisition reflects Palo Alto Networks' commitment to remaining at the forefront of next-generation cybersecurity innovation, and expanding its capabilities to protect the dynamic new attack surface created by the explosion of AI.
The global MoFo team advising Palo Alto Networks was led by Austin M&A partner Lauren Bellerjeau and Denver M&A partner Chere See.
The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close by Palo Alto Networks' first quarter of fiscal 2026. More information can be found at Palo Alto Networks press release.
