Overview
- Palo Alto Networks has agreed to acquire Israel-based CyberArk for roughly $25 billion, offering $45 per share, a 26% premium over its Friday closing price.
- This is Palo Alto’s second acquisition of 2025 following its April purchase of Protect AI and reflects CEO Nikesh Arora’s aggressive acquisition strategy.
- CyberArk shares jumped as much as 18% when initial takeover discussions were reported, while Palo Alto’s stock dropped over 7% as investors weighed the premium.
- Arora said the purchase aligns with the company’s approach to enter market categories at their inflection points and brings essential AI-security capabilities.
- The transaction highlights growing consolidation among cybersecurity providers as firms seek to integrate identity management into broader AI-driven security platforms.