Palo Alto Networks expands its security portfolio with identity security through the acquisition of CyberArk. The deal is valued at approximately 25 billion dollars.
The speculation that Palo Alto wants to acquire CyberArk is now confirmed. Palo Alto Networks announces the agreement for the acquisition of cybersecurity specialist CyberArk via a press release. With the acquisition, Palo Alto Networks aims to integrate identity security into its broader security strategy. The acquisition is intended to strengthen the company’s platform offerings in an era where AI and machine identities are becoming increasingly important.
Identity Security
CyberArk shareholders will receive 45 dollars in cash and 2.2005 shares of Palo Alto Networks per share. This represents a premium of 26 percent over the average share price of CyberArk in the ten days prior to the announcement. The transaction values CyberArk at approximately 25 billion dollars.
CyberArk’s technology will be integrated into Palo Alto Networks’ existing Strata and Cortex platforms. According to both companies, this enables a unified security approach that encompasses human, machine, and AI identities. A key focus will be the security of so-called “agentic AI”, autonomous AI systems that independently perform actions. These systems are considered privileged identities and require precise access control.
Control and Oversight
With the acquisition, Palo Alto Networks aims to respond to the market shift. Organizations are increasingly seeking one integrated solution instead of separate products. According to the announcement, the merger goes beyond traditional Identity and Access Management (IAM). The emphasis will be on Privileged Access Management (PAM) and just-in-time access management, tailored to both humans and machines.
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Palo Alto Networks Confirms Acquisition of CyberArk for 25 Billion Dollars
The acquisition has yet to be finalized. Both companies state that they have strong cultural similarities and that their combined expertise will better help companies secure their infrastructure in an AI-driven environment.