The deal marks Palo Alto Networks’ strategic entry into the Identity Security market, establishing it as a new core pillar in the company’s multi-platform strategy. Palo Alto Networks, a leader in cybersecurity, announced today that it has agreed to buy CyberArk, a company known for identity security, for about $25 billion. Nikesh Arora, Chairman and CEO of Palo Alto Networks, described the timing as an inflection point for Identity Security. The acquisition will combine Palo Alto Networks’ AI-powered security platforms with CyberArk’s renowned leadership in Privileged Access Management (PAM). “Our market entry strategy has always been to enter categories at their inflection point, and we believe that moment for Identity Security is now,” Arora stated. “Joining forces with Palo Alto Networks is a powerful next chapter, built on shared values and a deep commitment to solving the toughest identity challenges,” Mokady said. “CyberArk is the definitive leader in Identity Security with durable, foundational technology that is essential for securing the AI era,” he added. The transaction has been unanimously approved by the boards of both companies and is expected to close in the second half of Palo Alto Networks’ fiscal year 2026, pending regulatory approvals and a vote by CyberArk shareholders. The strategic combination is expected to deliver significant benefits, including the acceleration of Palo Alto Networks’ platform strategy by integrating CyberArk’s capabilities into its Strata™ and Cortex platforms. Under the terms of the agreement, CyberArk shareholders will receive $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk share they hold. He emphasized that the rise of AI and the proliferation of machine identities necessitate a security model where every identity has the appropriate level of privilege controls.
This Cyber News was published on cybersecuritynews.com. Publication date: Wed, 30 Jul 2025 15:40:15 +0000