WS Investor
11 Feb 2026, 23:59
Palo Alto Networks (NASDAQ: PANW) has completed its acquisition of CyberArk, making Identity Security a core pillar of its platform strategy. The deal strengthens its ability to secure human, machine and AI-driven identities, as identity-based attacks increasingly dominate cyber threats.
CyberArk’s platform will remain available standalone while being integrated into Palo Alto Networks’ broader ecosystem. The move aims to eliminate identity silos, reduce excessive privileges and limit credential abuse across hybrid cloud environments. CEO Nikesh Arora said the rise of AI agents requires securing every identity, while CyberArk CEO Matt Cohen called the combination a “definitive cyber guardian” for enterprises.
The company also announced plans to pursue a secondary listing on the Tel Aviv Stock Exchange under the ticker “CYBR,” while continuing to trade on Nasdaq as “PANW.”
Under the transaction terms, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks stock per share.
Source: PR Newswire
CyberArk’s platform will remain available standalone while being integrated into Palo Alto Networks’ broader ecosystem. The move aims to eliminate identity silos, reduce excessive privileges and limit credential abuse across hybrid cloud environments. CEO Nikesh Arora said the rise of AI agents requires securing every identity, while CyberArk CEO Matt Cohen called the combination a “definitive cyber guardian” for enterprises.
The company also announced plans to pursue a secondary listing on the Tel Aviv Stock Exchange under the ticker “CYBR,” while continuing to trade on Nasdaq as “PANW.”
Under the transaction terms, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks stock per share.
Source: PR Newswire