Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M

Automated excerpt

Palo Alto Networks is in talks to acquire Clutch Security, a startup that secures AI agents’ access to company systems, for $500 million in cash plus additional milestone-based payouts, according to a person familiar with the discussions. The startup is currently approaching $10 million in annual recurring revenue (ARR). Palo Alto Networks and Clutch Security did not respond to a request for comment.

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