A cybersecurity giant Palo Alto announced on Wednesday its intention to obtain identity management and security company Cyberark for $ 25 billion. The deal, a mix of money and stock, marks the entry of Palo Alto into the identity security space, according to a company press release.
Palo Alto was in shopping when Nikesh Arora took over as CEO and president of the company in 2018, According to the financial timeswho estimated that the company spent more than $ 7 billion for acquisitions from when Arora began. Cyberark’s acquisition of the company is the largest so far.
Some of the other acquisitions of Palo Alto include: Dig safetyfor about $ 400 million in October 2023; Talon Cyber Security for about $ 625 million in November 2023; And Bridgecrew for $ 156 million in February 2021, among others.
This is one of the largest cybersecurity treatments so far in 2025. The biggest deal was Google’s acquisition of Wiz In March for $ 32 billion.
Palo Alto Networks didn’t immediately comment.
