Cybersecurity big Palo Alto Networks introduced on Wednesday its intent to amass id administration and safety firm CyberArk for $25 billion. The deal, a mixture of money and inventory, marks Palo Alto’s entrance into the id safety area, in line with an organization press launch.
Palo Alto has been on a purchasing spree since Nikesh Arora took over as CEO and chairman of the corporate in 2018, in line with the Monetary Occasions, which estimated the corporate has spent greater than $7 billion on acquisitions since Arora began. The corporate’s acquisition of CyberArk is the biggest up to now.
A few of Palo Alto’s different acquisitions embody: Dig Safety, for an estimated $400 million in October 2023; Talon Cyber Safety for an estimated $625 million in November 2023; and Bridgecrew for $156 million in February 2021, amongst others.
This is likely one of the largest cybersecurity offers up to now in 2025. The most important deal was Google’s acquisition of Wiz in March for $32 billion.
Palo Alto Networks didn’t instantly remark.
