capital · May 16, 2026
Palo Alto Networks to Acquire Portkey to Strengthen AI Security Platform
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Palo Alto Networks announced its intent to acquire Portkey on April 30, 2026. The acquisition integrates Portkey's technology into Palo Alto Networks' Prisma AIRS platform for managing autonomous AI agents. Portkey processed over 500 billion tokens daily and handled 12.5 crore requests every 24 hours by early 2026. Palo Alto Networks stock hit an all-time high of $223.64 following related AI security announcements. The deal targets enhanced capabilities in securing AI workloads at enterprise scale.
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