Cybersecurity big Palo Alto Networks (Nasdaq: PANW) is in talks to purchase Israeli cybersecurity firm CyberArk Software program (Nasdaq: CYBR), individuals conversant in the matter have advised “The Wall Avenue Journal.” Palo Alto Networks might finalize a deal for CyberArk, as quickly as later this week, the US monetary newspaper provides. No response was forthcoming from the businesses.
RELATED ARTICLES
Following the report, CyberArk’s share value has jumped 12.56% on Nasdaq, giving the corporate a market cap of $21.7 billion, an all-time excessive, so any deal can be one of many greatest tech mergers this yr. CyberArk focuses on enterprise identification administration.
Palo Alto Networks was based in 2005 by Israeli entrepreneur Nir Zuk and is at present one of many world’s most beneficial and largest cybersecurity firms, with a market cap of greater than $130 billion and over 11,000 workers worldwide, a lot of them in Israel. If the deal goes forward this might be Palo Alto Community’s biggest-ever acquisition.
CyberArk was based in Israel in 1999 by chairman Udi Mokadi. The corporate is taken into account one of many world’s leaders in identification safety and entry administration for delicate programs (PAM).
The corporate’s inventory has jumped by greater than 50% over the previous yr, partly because of the rising demand for superior safety options. On the identical time, Palo Alto CEO Nikesh Arora referred final Might to the necessity to unify cyber options: “That is precisely why the trade should change paradigm, transfer away from the distributed panorama and transfer to consolidation.”
The report displays a unbroken development of mergers and acquisitions within the cybersecurity trade, with firms CrowdStrike and SentinelOne reportedly contemplating related strikes. Nonetheless, at this stage, that is solely a report, and the deal has not but been authorized by the events.
Printed by Globes, Israel enterprise information – en.globes.co.il – on July 29, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
