Cybersecurity Dive July 30, 2025
The agreement could completely reshape the market for identity security, according to analysts.
Palo Alto Networks on Wednesday announced an agreement to buy CyberArk, a leader in identity security, in a deal valued at $25 billion.
Under the terms of the deal, CyberArk shareholders will receive $45 and 2.2005 shares of Palo Alto Networks common stock for every CyberArk share they own.
The combined company will represent Palo Alto Networks’ formal entry into the identity-security space, making it a core piece of the company’s multi-platform strategy.
“Our market entry strategy has always been to enter categories at their inflection point and we believe that moment for identity security is now,” Nikesh Arora, chairman and CEO of Palo Alto...
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