Identity security services

Search documents
Palo Alto Networks to acquire CyberArk in $25 billion deal
CNBCยท 2025-07-30 12:35
Group 1 - Palo Alto Networks will acquire CyberArk for approximately $25 billion, paying $45 per share, which is a 26% premium over CyberArk's share price on Friday [1] - Following the announcement, shares of Palo Alto Networks fell over 7% and continued a downward trend from a 5% loss the previous day, while CyberArk's stock dipped by 2% [1] - The acquisition aims to enhance Palo Alto's entry into the identity security market and improve its multi-layer offerings for customers, as stated by CEO Nikesh Arora [2] Group 2 - The deal is seen as timely for entering the identity security category, which is considered to be at an inflection point [2] - CyberArk is recognized for providing foundational technology that is essential in the context of artificial intelligence [2] - Prior to the deal announcement, discussions between the two companies led to a significant increase in CyberArk's stock, which rose over 13% [3]