Lower than 24 hours after the report in “The Wall Road Journal,” cybersecurity large Palo Alto Networks has confirmed that it’s buying Israeli cybersecurity firm CyberArk Software program (Nasdaq: CYBR). Underneath the phrases of the settlement, CyberArk shareholders will obtain $45.00 in money per share and a couple of.2005 shares of Palo Alto Networks widespread inventory for every CyberArk share. This represents an fairness worth of roughly $25 billion for CyberArk and a 26% premium on the share value over the previous 10 days.
RELATED ARTICLES
That is the second greatest ever acquisition of an Israeli firm after Google acquired Wiz earlier this 12 months for $32 billion. The third greatest deal was Intel’s acquisition of Mobileye for $15 billion.
Palo Alto Networks stated that the merger will mark its formal entry into identification safety, establishing it as a core pillar of the corporate’s multi-platform technique. The corporate added, “Combining CyberArk’s long-standing management in Identification Safety and Privileged Entry Administration (PAM) with Palo Alto Networks’ complete AI-powered safety platforms will lengthen privileged identification safety to all identification sorts together with human, machine, and the brand new wave of autonomous AI brokers. CyberArk is already establishing itself as an Identification Safety platform, and Palo Alto Networks will assist speed up this journey in the direction of platformization to drive higher mixed safety outcomes for patrons.”
The most important beneficiaries of the sale of CyberArk are BlackRock, which holds 7.8% of the corporate’s shares; FMR, which holds about 3% of the shares; and funding companies comparable to Thomas Bravo, Invesco, and Worth T. Rowe, which maintain over 2% every. CyberArk’s senior executives maintain choices totaling tens of tens of millions of {dollars}. Chief amongst them are CEO Matt Cohen, who holds choices totaling $10.5 million; founder and chairman Udi Mokadi, who holds choices totaling $8.6 million; and VP Product Peretz Regev, who holds choices totaling $3 million, in response to firm stories as of the tip of 2024.
Printed by Globes, Israel enterprise information – en.globes.co.il – on July 30, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
