Palo Alto Networks Acquires CyberArk for $25 Billion, Expanding into Identity Security

Cybersecurity giant Palo Alto Networks announced a $25 billion acquisition of identity management and security company CyberArk, marking its entry into the identity security market. The deal, a combination of cash and stock, is Palo Alto's largest acquisition to date and follows a string of purchases since Nikesh Arora became CEO in 2018. This acquisition, exceeding $7 billion in total acquisitions under Arora's leadership, solidifies Palo Alto's position as a major player in the cybersecurity landscape.