Cybersecurity large Palo Alto Networks introduced on Wednesday its intent to accumulate 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 house, in keeping with an organization press launch.
Palo Alto has been on a procuring spree since Nikesh Arora took over as CEO and chairman of the corporate in 2018, in keeping 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 among the largest cybersecurity offers so far in 2025. The most important deal was Google’s acquisition of Wiz in March for $32 billion.
Palo Alto Networks didn’t instantly remark.
