Piotr Swat | Lightrocket | Getty Pictures
Palo Alto Networks will take over Israeli id safety supplier CyberArk in a deal valued at roughly $25 billion.
The California-based cybersecurity firm pays shareholders $45 apiece for two.2005 shares of CyberArk, representing a 26% premium to its share worth Friday. The deal is predicted to shut throughout Palo Alto Networks’ fiscal 12 months 2026.
Shares of Palo Alto fell greater than 7% earlier than the bell Wednesday, constructing on a 5% loss from Tuesday. CyberArk’s inventory dipped 2%.
“Our market entry technique has all the time been to enter classes at their inflection level, and we consider that second for Identification Safety is now,” Palo Alto CEO and chairman Nikesh Arora mentioned in a launch Wednesday.
Blockbuster cybersecurity offers have been a pressure within the mergers and acquisitions market in 2025 after a comparatively sluggish interval for dealmaking. In March, Google shelled out $32 billion for cloud safety startup Wiz in its greatest acquisition ever.
Palo Alto Networks intends to make use of the deal to formally penetrate the id safety market and enhance its multi-layer providing for purchasers, the corporate mentioned.
He added that CyberArk gives a “foundational know-how” crucial within the AI world.
The Wall Road Journal reported Tuesday that each corporations had mentioned a possible deal, sending shares of CyberArk skyrocketing greater than 13%.
5 day inventory chart of Palo Alto Networks and CyberArk.