Palo Alto Networks to Acquire CyberArk in $25 Billion Deal Amid Market Concerns
TL;DR Summary
Palo Alto Networks announced a $25 billion deal to acquire Israeli identity security provider CyberArk, leading to a 7% drop in its stock price; the acquisition aims to strengthen its position in the identity security market and leverage AI advancements, with the deal expected to close in fiscal year 2026.
- Palo Alto Networks to acquire CyberArk in $25 billion deal CNBC
- 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 Wall Street Ponders $25 Billion CyberArk Acquisition Investor's Business Daily
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