Palo Alto Networks acquires CyberArk, signaling new era in cybersecurity

Palo Alto Networks' acquisition of CyberArk marks a significant shift, introducing Identity Security as a core focus in its multi-platform strategy.

Palo Alto Networks®, a beacon in the cybersecurity realm, recently announced a strategic acquisition that demonstrates its foresight in the evolving security landscape. The company is set to acquire CyberArk, a leader in Identity Security, marking a bold entry into the domain of secure identification.

The agreement positions Palo Alto Networks at the helm of Identity Security. CyberArk shareholders are promised $45.00 in cash plus 2.2005 shares of Palo Alto Networks for each CyberArk share. This transaction values CyberArk at approximately $25 billion, including a notable 26% premium on its unaffected 10-day average.

By integrating with CyberArk, Palo Alto Networks is poised to establish a groundbreaking framework focused on both human and machine identities. This union enhances Palo Alto's AI-powered security platforms.

As per Palo Alto Networks, the "inflection point" in Identity Security is now. By leveraging CyberArk's foundational principles in Identity Security and privileged access management, Palo Alto Networks will take privileged identity protection to new heights, including emerging Identity types such as autonomous AI agents.

Nikesh Arora, Chairman and CEO of Palo Alto Networks, said "Our market entry strategy has always been to enter categories at their inflection point, and we believe that moment for Identity Security is now. This strategy has guided our evolution from a next-gen firewall company into a multi-platform cybersecurity leader. 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, not the 'IAM fallacy'."

Palo Alto Networks' strategy aims at amplifying Identity Security with CyberArk's suite, accelerating their platform strategy. By moving beyond overarching identity and access management (IAM), the focus will be on establishing stringent privilege control across human, machine, and autonomous identities.

  • Accelerated Strategy: The unified solution offers identity-aware security across enterprises, leveraging AI for a secure response dynamic.
  • Legacy IAM Disruption: The robust integration ensures privilege control and extends beyond basic hygiene across all identities.
  • Agentic AI Security: With increasing AI adoption, this acquisition foregrounds securing AI agents through just-in-time access principles.

Upon closing, the collaboration promises unmatched expertise and innovation, integrating deeply with Palo Alto's Strata™ and Cortex® platforms. It positions the combined entity as a "cyber guardian" of customer interests amidst the AI revolution.

The deal, anticipated to close in Palo Alto Networks' fiscal 2026, awaits customary regulatory clearances and shareholder approval. Enlisted advisors include J.P. Morgan Securities LLC and Wachtell, Lipton, Rosen & Katz for Palo Alto Networks, while Qatalyst Partners and Latham & Watkins LLP advise CyberArk.

Lakeside Software welcomes back Daniel Salinas as COO to advance its AI-driven strategies amid growing DEX and DEM industry momentum.
Assured Data Protection announces organisational changes to strengthen its growth trajectory, appointing Stacy Hayes as Chief Strategy Officer and...
GCX appoints Luca Simonelli to enhance global partnerships and lead operations in Italy, amid significant company growth.
Principle Networks appoints CTO Mike Beevor to steer its expansion, aiming to double revenues and enhance cybersecurity services.
Cezary Zieba joins BCS with a mission to enhance operations in Poland and Central Europe.
Mimecast appoints cybersecurity veteran Patrice Perche to its Board, enhancing its strategic expertise and commitment to innovation.
IFS appoints Kriti Sharma as CEO of Nexus Black to spearhead innovative, agentic AI solutions for asset-intensive industries.
WatchGuard Technologies strengthens EMEA sales leadership with Frédéric Saint-Joigny's appointment to drive regional growth and enhance partner...