Palo Alto Networks Announces $25 Billion Acquisition of CyberArk Software
Deal News | Jul 30, 2025 | Wachtell, Lipton, Rosen & Katz
Palo Alto Networks, a leading global cybersecurity firm, has announced its acquisition of CyberArk Software in a definitive agreement valued at approximately $25 billion. The acquisition will be a cash-and-stock transaction, with CyberArk shareholders set to receive $45.00 in cash and 2.2005 shares of Palo Alto Networks' common stock for each share they hold. This strategic move is expected to enhance Palo Alto Networks' capabilities in cybersecurity, particularly in the realm of Identity Security, and reflects the company's ongoing commitment to expanding its technological and market reach.
Sectors
- Cybersecurity
Geography
- United States – Palo Alto Networks, the acquiring company, is headquartered in the United States, making it a key geographic focus for the article.
- Israel – CyberArk Software, the target company, is headquartered in Israel, indicating its importance in the geographical context of this acquisition.
Industry
- Cybersecurity – The article involves companies that are leaders in cybersecurity solutions and identity security, central to the protection of digital data and systems.
Financials
- $25 billion – The total valuation of the acquisition deal for CyberArk by Palo Alto Networks.
- $45.00 per share in cash – The cash portion of the transaction for CyberArk shareholders.
- 2.2005 shares of Palo Alto Networks stock per CyberArk share – The stock portion of the transaction for CyberArk shareholders.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Palo Alto Networks, Inc. | Acquirer | Company | A global cybersecurity leader based in the United States, focusing on network security, cloud security, and endpoint protection. |
| CyberArk Software Ltd. | Target | Company | A global leader in Identity Security, headquartered in Israel, known for privileged access management solutions. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A prominent law firm that is advising Palo Alto Networks on this acquisition deal. |