CyberArk Software Ltd. (CYBR): $414
Market Cap: $20.82B
Deal Size: $25B
Palo Alto Networks, Inc. (PANW) entered into a definitive merger agreement on July 30, 2025, to acquire Israeli cybersecurity company CyberArk Software in a cash and stock deal valued at $25 billion. This is Palo Alto Networks largest deal, as CEO Nikesh Arora aims to create a comprehensive cybersecurity platform amid growing AI-driven demand.
The deal, one of the biggest tech takeovers this year, highlights a trend of consolidation in the cybersecurity industry, as customers look to simplify their security providers after facing breaches caused by relying on too many different firms.