Palo Alto Networks in talks to purchase CyberArk for over $20b

Thank you for reading this post, don't forget to subscribe!

Cybersecurity large Palo Alto Networks (Nasdaq: PANW) is in talks to purchase Israeli cybersecurity firm CyberArk Software program (Nasdaq: CYBR), folks acquainted with the matter have instructed “The Wall Avenue Journal.” Palo Alto Networks might finalize a deal for CyberArk, as quickly as later this week, the US monetary newspaper provides. No response was forthcoming from the businesses.

CyberArk CEO Matt Cohen and founder and executive chairman Ehud Mokady credit: PR

CyberArk increased after elevating $1.1b convertible bond

$20b CyberArk turns into Israel’s second most precious co

CyberArk buys US co Zilla Safety, studies sturdy This fall

Palo Alto Networks mulls shopping for Israeli co SentinelOne

Following the report, CyberArk’s share worth has jumped 12.56% on Nasdaq, giving the corporate a market cap of $21.7 billion, an all-time excessive, so any deal could be one of many largest tech mergers this 12 months. CyberArk focuses on enterprise id administration.

Palo Alto Networks was based in 2005 by Israeli entrepreneur Nir Zuk and is in the present day one of many world’s most precious and largest cybersecurity firms, with a market cap of greater than $130 billion and over 11,000 workers worldwide, a lot of them in Israel. If the deal goes forward this may be Palo Alto Community’s biggest-ever acquisition.

CyberArk was based in Israel in 1999 by chairman Udi Mokadi. The corporate is taken into account one of many world’s leaders in id safety and entry administration for delicate programs (PAM).

The corporate’s inventory has jumped by greater than 50% over the previous 12 months, partly because of the rising demand for superior safety options. On the identical time, Palo Alto CEO Nikesh Arora referred final Could to the necessity to unify cyber options: “That is precisely why the business should change paradigm, transfer away from the distributed panorama and transfer to consolidation.”

The report displays a unbroken development of mergers and acquisitions within the cybersecurity business, with firms CrowdStrike and SentinelOne reportedly contemplating comparable strikes. Nevertheless, at this stage, that is solely a report, and the deal has not but been accredited by the events.

Printed by Globes, Israel enterprise information – en.globes.co.il – on July 29, 2025.