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Palo Alto Networks agrees to buy CyberArk for $25 billion | TechCrunch

Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora took over as CEO and chairman of the company in 2018, according to the Financial Times, which estimated the company has spent more than $7 billion on acquisi...

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