(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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The cybersecurity market is heating up: According to a Wall Street Journal report published Tuesday, Palo Alto Networks is in advanced negotiations to acquire Israeli company CyberArk for more than $20 billion. Palo Alto, the world’s largest cybersecurity company with a market capitalization of $130 billion, is eyeing CyberArk, a recognized leader in the identity management space, which is currently …
Read More »Exclusive | Palo Alto Networks Nears Over $20 Billion Deal for Cybersecurity Firm CyberArk The Wall Street Journal Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion, WSJ reports Yahoo Finance CyberArk jumps on report Palo Alto in talks to acquire (CYBR:NASDAQ) Seeking Alpha CyberArk shares jump after report says Palo Alto nears takeover Investing.com Palo Alto Eyes Biggest-Ever …
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