Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora took over as CEO and …
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We’re upgrading our rating on Palo Alto as shares tumble on its $25 billion CyberArk acquisition
Wall Street is punishing Palo Alto Networks over its planned $25 billion acquisition of CyberArk . Jim Cramer believes investors who step into the sell-off will likely be rewarded down the road. Shares of Palo Alto were down nearly 6% after the cybersecurity company officially announced the acquisition. A day earlier, The Wall Street Journal reported the two firms were …
Read More »Trump brings elite institutions to heel in $1.2 billion settlement spree – Axios
Trump brings elite institutions to heel in $1.2 billion settlement spree Axios Harvard Is Said to Be Open to Spending Up to $500 Million to Resolve Trump Dispute The New York Times Harvard’s $500 million surrender to Trump heralds an end to US academic freedoms The Hill Harvard open to $500 million settlement with the Trump administration: report KOMO Trump administration wants Harvard to …
Read More »Palo Alto's $25 billion deal for CyberArk targets rising AI-driven threats – Reuters
Palo Alto’s $25 billion deal for CyberArk targets rising AI-driven threats Reuters Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion Yahoo Finance Witkoff to make first Israel visit in 3 months amid US concerns over Gaza aid crisis The Times of Israel Palo Alto Networks Reaches $25 Billion Deal for CyberArk Bloomberg.com $25 Billion Blockbuster Israeli Cybersecurity Firm CyberArk …
Read More »Palo Alto Networks Reaches $25 Billion Deal for CyberArk – Bloomberg.com
Palo Alto Networks Reaches $25 Billion Deal for CyberArk Bloomberg.com Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion Yahoo Finance Witkoff to make first Israel visit in 6 months amid US concerns over Gaza aid crisis The Times of Israel Palo Alto to scoop up CyberArk for $25 billion to tackle AI-era threats Reuters Palo Alto Stock Falls As …
Read More »Scientists Witnessed the Birth of a Monster—8.3 Billion Years After It Happened
Here’s what you’ll learn when you read this story: Observations from NASA’s James Webb Space Telescope and other telescopes have shown what appears to be a supermassive black hole forming right between two merging galaxies. There have been multiple hypotheses surrounding supermassive black hole formation, but these observations support the hypothesis that suggests these behemoths are the result of immense …
Read More »90 Billion Liters of Water Punched Through Greenland’s Ice Sheet – And Nobody Noticed : ScienceAlert
A build-up of meltwater under the Greenland ice sheet in 2014 resulted in a flood of such magnitude that it burst upward through tens of meters of solid ice, fracturing the surface and spilling water to the open air. It’s the first time scientists have documented this phenomenon in Greenland, and it gives us new information for understanding how Greenland …
Read More »Stock Markets Beware Summer Scares. What Microsoft Must Learn From Novo’s $75 Billion Crash. – Barron's
Stock Markets Beware Summer Scares. What Microsoft Must Learn From Novo’s $75 Billion Crash. Barron’s Novo Nordisk stock crashes after company cuts sales, profit outlook on weight-loss drug competition Yahoo Finance Drugmaker Novo Nordisk slashes Wegovy sales forecasts, blaming compounding NPR Novo Nordisk gets a downgrade from Bank of America as Wegovy growth outlook weakens CNBC Can Novo Nordisk’s New CEO Stop Rivals From …
Read More »Palo Alto to scoop up CyberArk for $25 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 …
Read More »Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion, WSJ reports – Reuters
Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion, WSJ reports Reuters CyberArk pops on report of $20B+ acquisition talks with Palo Alto Networks CNBC Exclusive | Palo Alto Networks Nears Over $20 Billion Deal for Cybersecurity Firm CyberArk The Wall Street Journal CyberArk Stock Surges on Report Palo Alto Is Nearing $20 Billion Takeover Barron’s Palo Alto closing …
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