Reported 1 day ago
Palo Alto Networks has announced its acquisition of Israeli cybersecurity firm CyberArk Software for approximately $25 billion, marking the company's largest deal to date. This cash-and-stock transaction aims to strengthen Palo Alto's cybersecurity offerings in light of increasing AI-driven cyber threats. The acquisition follows a trend of consolidation within the cybersecurity sector, and while it could enhance Palo Alto's market position, analysts express concerns regarding the integration of CyberArk's significant operations. The deal is projected to conclude in the latter half of fiscal year 2026.
Source: YAHOO