Palo Alto Networks Announces Agreement to Acquire CyberArk, the Identity Security Leader
1. Palo Alto Networks will acquire CyberArk for about $25 billion. 2. Acquisition offers a 26% premium over CyberArk's stock price. 3. CyberArk will enhance Palo Alto's identity security capabilities. 4. Combined company aims to tackle security for emerging AI identities. 5. Transaction expected to close in the second half of fiscal 2026.