PANW Completes Portkey AI Gateway Acquisition, Expands Platform Capabilities

What happened

Palo Alto Networks has finalized its acquisition of Portkey, a provider of AI gateway technology. The deal adds AI traffic management and security capabilities to PANW's existing cybersecurity platform. No acquisition price was disclosed in the announcement. Portkey's technology is designed to help enterprises govern, monitor, and secure large language model interactions across their infrastructure. The completion follows an earlier announcement of the transaction and represents PANW's continued expansion into AI-adjacent security tooling.