Palo Alto Networks to acquire CyberArk in $25 billion deal
PALO ALTO NETWORKS will take over Israeli Identity Security Provider Cyber Sant An agreement worth about $ 25 billion.
The California -based cyber security company will pay $ 45 for Cyberk’s 2,2005 shares and represents 26% premiums for the share price on Friday. The agreement is expected to close Palo Alto Networks during the 2026 fiscal year.
Palo ALTO shares fell more than 8% on Wednesday and fell on a 5% loss on Tuesday. Cyberk’s stock fell about 2%.
Palo Alto CEO and President Nikesh Arara, CNBC’s interview with “Street on the Street”, said the company has always entered the identity market when it hits a bending point with its strategy.
“He prepares this market to go to deteriorate and create the platform we need, and at the same time to solve the approaching problem with Agency AI,” he said. “We believe that this is the right time to do something like this and to be ready for the market within the next 12 to 18 months.”
Cyber security agreements, which broke box office records, became a force in the merger and inheritance market in 2025 after a relatively slow period for the agreement. In March, Google has shown $ 32 billion in the biggest purchase of cloud security Wiz.
Palo Alto Networks plans to use the agreement to officially penetrate the identity security market and improve its bid for customers. ARORA said CNBC can help Palo Alto’s scale to accelerate the access of the Cyberark platform.
Cyberac, which opened the public ten years ago, creates identity software tools that provide employees accessing platforms and applications. The biggest competitors in space Okta And Microsoft.
As artificial intelligence progresses, these tools have become more critical to protect businesses against cyber and ransom software threats.
Since the company’s management in 2018, ARORA has supported the bids of the cyber security provider and increased its market value to approximately $ 130 billion.
This year, Palo Alto purchased Startup Protect AI for an unidentified amount to improve AI vehicles. In 2023, the company acquired Talon Cyber Security, Dig Security and Zycada Networks.
ARORA said he expects an ongoing consolidation in the field of cyber security in the next five years.
“Our job is to do this, to carry out this, to deliver it to the market, and to show our shareholders that we have the ability to carry out such transactions, which I believe we believe.” He said.
Wall Street Journal said on Tuesday that both companies discussed a potential agreement and accelerated Cyberak’s shares more than 13%.
Palo Alto Networks and Cyberark’s 5 -day stock graph.
– Jordan Novet and Ari Levy from CNBC contributed to this article.
