Databricks agreed on 16 June to acquire Panther Labs, the developer of an AI-driven platform for detecting cyberattacks, in a deal whose terms were not disclosed.
Why Databricks, Inc. is buying Panther Labs Inc.
Databricks said Panther supports its push to replace legacy SIEMs by running agentic detection and response on a unified security lakehouse, combined with its Lakewatch product launched in March.
“Legacy SIEM was never designed for AI”
Deal terms and financing
Financial terms were not disclosed. Panther lets engineers write detections in Python, generates detections from natural-language prompts and can run on cloud data platforms so logs need not be moved, SiliconANGLE reported.
Regulatory approvals and timing
The deal was subject to customary conditions including regulatory clearances. Databricks announced on 3 August 2026 that it had completed the acquisition.
Market context
Panther was Databricks' third announced security acquisition after Antimatter and SiftD.ai. SecurityWeek counted 37 cybersecurity deals announced in June 2026.
