Palo Alto Networks gains on Google Cloud deal
ReutersDec 19, 2025 1:31 PM
Shares of cybersecurity firm Palo Alto Networks PANW.O up 2.8% at $191 premarket
Alphabet's GOOGL.O Google Cloud and PANW announce an expanded partnership; one source told Reuters deal was by far Google Cloud's largest security services deal
Contract comprises a commitment by PANW to pay "approaching $10 billion" to Google Cloud over several years
Executives at both companies declined to comment on specific figures of the contract
Up to last close, PANW had gained 2.2% YTD
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