Morrison Foerster advised Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, on its intent to acquire Embrace, a leading provider of user-focused observability, to add high-fidelity Real User Monitoring (RUM) capabilities to the Palo Alto Networks Observability platform. These new capabilities will extend Palo Alto Networks Observability to Digital Experience Monitoring.
The global MoFo team advising Palo Alto Networks was led by M&A partners Lauren Bellerjeau and Scott Behar. The team also included corporate partner Stuart Alford and corporate associates Andrew Monioudis, Brayan Orozco Arreola, Olivia Dieterich, Ryan Gopar Ramirez and Katherine Qiu; technology transactions partner Tessa Schwartz and associates Sophie Zander, Georgia Wright, Kevin Kallet, Eric Ahern, Marisa Colon, Jessica Kwok and Michelle Luo; executive compensation + benefits partners Joshua Lerner and Yuan Xia and associate Sarah Doberneck; employment + labor partners Michael Schulman and Annabel Gillham and associates Melissa Harclerode, Lara King, Niki Hendi and Michal Pati; tax partner Dave Sturgeon and associate Seth Stowe; data, cyber + privacy partner Julie O’Neill and associates Joshua Fattal and Dan Alam; antitrust partners Kerry Jones and Marie-Claire Strawbridge and associates Aaron Scheinman, Maria Requejo and Ibraheem Khan; national security and export controls partners Felix Helmstaedter and Chris Chamberlain and associates Alexander Eisenfeld, Mason Gauch and Bjoern Rieder; government contracts partners Locke Bell and Caitlin Crujido; and anti-corruption partner Ruti Smithline and associate Eduardo Schneider.
The acquisition is subject to customary closing conditions, and is expected to close in Palo Alto Networks first quarter of fiscal 2027. More information can be found at Palo Alto Networks’ press release.