Palo Alto Networks has agreed to acquire Israeli identity security provider CyberArk in a massive deal valued at approximately $25 billion. Under the terms of the agreement, CyberArk shareholders will receive $45 cash and 2.2005 shares of Palo Alto for each of their shares.
The acquisition comes as Palo Alto networks is looking to expand its offerings into the identity market. According to Palo Alto Chairman and CEO Nikesh Arora, the company is poised to disrupt this market and create a platform that solves emerging problems with artificial intelligence.
Arora stated that the deal marks an inflection point for CyberArk, which has been a key player in creating identity software tools for businesses. These tools have become increasingly critical in protecting against cyber threats as artificial intelligence advances.
CyberArk’s competitors in this space include Okta and Microsoft. Since taking the helm of CyberArk in 2018, Arora has significantly bolstered the company’s offerings and increased its market value to around $120 billion.
The deal is expected to close during Palo Alto Networks’ fiscal year 2026. Shares of Palo Alto fell 5.6% on Wednesday following news of the acquisition, but Arora remains confident in the company’s ability to execute this type of transaction in the future.
Source: https://www.cnbc.com/2025/07/30/palo-alto-networks-cyberark-deal.html