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CyberArk snaps up Zilla Security for up to $175M

1. CyberArk acquires Zilla Security for up to $175 million. 2. CyberArk reports Q4 revenue growth of 41%, with subscription revenue up 62%. 3. Annual recurring revenue surpasses $1 billion, indicating strong operational health.

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FAQ

Why Bullish?

The acquisition boosts CyberArk's capabilities, potentially increasing market share and revenue.

How important is it?

Acquisitions in security sectors can significantly enhance growth prospects and investor confidence.

Why Long Term?

Sustainable growth from acquisitions often materializes over several quarters to years.

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