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The QRadar SaaS Pivot: IBM's Strategic Retreat
A $21.6M asset sale to Palo Alto Networks changes the cybersecurity landscape
The domain randori.com is no longer a standalone security startup—it's the digital ghost of IBM's QRadar SaaS, now owned by Palo Alto Networks. This isn't a launch story; it's an acquisition autopsy that reveals the brutal economics of enterprise cybersecurity.
"When a giant like IBM sells its SaaS assets, it's not a failure—it's a strategic admission that cloud-native security requires different DNA."
The IBM Handoff
IBM's QRadar SaaS wasn't a failed product; it was a $21.6M revenue stream in a market where Palo Alto Networks could scale it 10x faster. The 106 employees didn't lose their jobs—they transferred to a cybersecurity giant with deeper pockets and sharper focus. This acquisition wasn't about innovation; it was about consolidation.
The Revenue Reality
With $29.8M in funding over its lifecycle, QRadar SaaS generated roughly 2x its investment in revenue—a respectable but unspectacular return for IBM. For Palo Alto Networks, this was a bolt-on acquisition to strengthen their SASE portfolio. The math is simple: IBM exits the cloud SIEM race to focus on hybrid, while Palo Alto doubles down on integrated security platforms.
The domain now redirects to IBM's main QRadar page, but the legacy lives on. The technical stack—jQuery, Tailwind, AWS CloudFront—tells a story of modern web infrastructure built for speed, but the traffic data (zero monthly visits) reveals a brand in transition. This is what happens when enterprise software gets absorbed: the code lives on, but the identity vanishes.
- IBM retains on-prem QRadar sales while offloading cloud operations
- Palo Alto Networks gains immediate SaaS revenue and customer base
- 106 employees transition to a new corporate structure
- The randori.com domain becomes a redirect, not a destination
The Strategic Truth
IBM didn't fail at SaaS—they chose to focus. Palo Alto Networks didn't buy innovation—they bought revenue. In cybersecurity, sometimes the smartest move is knowing what not to build.
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QRadar SaaS | IBM
Palo Alto Networks recently completed the acquisition of IBM's QRadar Software as a Service (SaaS) assets. IBM continue to sale QRadar on-premises.
QRadar SaaS | IBM
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About randori.com
Palo Alto Networks recently completed the acquisition of IBM's QRadar Software as a Service (SaaS) assets. IBM continue to sale QRadar on-premises.
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randori.com uses 11 technologies across their website including HSTS, AWS CloudFront, TrustArc, and more.
Security
HSTS
Cloud & Hosting
AWS CloudFront
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TrustArc
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Adobe Launch, Tealium
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randori.com receives approximately 0 monthly visitors. The website has a bounce rate of 0% with visitors viewing an average of 0.0 pages per visit. Users spend an average of 0:00 on the site.
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