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Palo Alto Networks agrees to buy CyberArk for $25B

9 months ago
  • #Identity Management
  • #Mergers and Acquisitions
  • #Cybersecurity
  • Palo Alto Networks announces intent to acquire CyberArk for $25 billion.
  • The deal includes a mix of cash and stock, marking Palo Alto's entry into identity security.
  • Since 2018, Palo Alto has spent over $7 billion on acquisitions under CEO Nikesh Arora.
  • CyberArk acquisition is Palo Alto's largest to date.
  • Previous acquisitions include Dig Security ($400M), Talon Cyber Security ($625M), and Bridgecrew ($156M).
  • This is one of the largest cybersecurity deals in 2025, following Google's $32B acquisition of Wiz.