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Wednesday, July 30, 2025
Palo Alto Networks to buy CyberArk for $25 billion, in 2nd largest ever deal for an Israeli company
Add ToI as a Preferred Source on GoogleSharon Wrobel is a tech reporter for The Times of Israel
Palo Alto Networks, a Santa Clara, California-based cybersecurity firm founded by American-Israeli entrepreneur Nir Zuk, says it will acquire Israeli firm CyberArk in a deal worth a staggering $25 billion.
This marks the second largest acquisition of an Israeli company, following Google’s $32 billion purchase of Wiz.
Traded on the Nasdaq stock exchange since 2014 with a market cap of almost $22 billion, CyberArk specializes in identity security, including privileged accounts on corporate servers, to help businesses protect sensitive data and critical infrastructure against external attackers and malicious insiders.
“Today, the rise of AI and the explosion of machine identities have made it clear that the future of security must be built on the vision that every identity requires the right level of privilege controls,” says Palo Alto chairman and CEO Nikesh Arora. “CyberArk is the definitive leader in Identity Security with durable, foundational technology that is essential for securing the AI era.”
Under the terms of the agreement, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk share.
The Times of Israel Community.