Tag Archives: AIera

Palo Alto to scoop up CyberArk for $25 billion to tackle AI-era threats

Palo Alto to scoop up CyberArk for  billion to tackle AI-era threats

(Reuters) -Palo Alto Networks (PANW) will buy Israeli peer CyberArk (CYBR) Software for about $25 billion, in its biggest deal yet, as CEO Nikesh Arora seeks to create a comprehensive cybersecurity provider to tap into rising AI-driven demand. Wednesday’s cash-and-stock deal, one of the largest tech takeovers this year, underscores a consolidation in the industry as customers streamline vendors after …

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