Palo Alto Networks has announced a record-breaking $25 billion acquisition of Israeli cybersecurity powerhouse CyberArk, reshaping the global security landscape amid the rise of AI-driven threats.
In a game-changing moment for the cybersecurity industry, US-based Palo Alto Networks has unveiled its largest acquisition ever—a $25 billion cash-and-stock takeover of Israeli cybersecurity leader CyberArk Software. The move signals a seismic shift in the fight against AI-powered cyber threats and cements Israel’s place as a global cybersecurity innovation hub.
The high-stakes deal—valued at approximately $25 billion—combines Palo Alto’s expansive threat detection capabilities with CyberArk’s world-renowned identity security and privileged access management expertise. The strategic consolidation is set to deliver unified, next-generation security platforms for enterprises navigating an era of unprecedented cyber risk.
Under the terms of the agreement, CyberArk shareholders will receive $45 in cash and 2.2005 Palo Alto shares for each CyberArk share. The deal is expected to close in fiscal 2026, with Palo Alto forecasting immediate boosts to revenue growth and gross margins once the acquisition is finalized.
“The rise of AI and the explosion of machine identities make it clear that every identity must have the right privilege controls,”
said Nikesh Arora, CEO of Palo Alto Networks.
CyberArk’s elite client roster—including Carnival Corp, Panasonic, and Aflac—has expanded rapidly in response to escalating data breach and ransomware threats. With this acquisition, Palo Alto is positioning itself as the undisputed leader in enterprise cybersecurity platforms.
This blockbuster deal follows other major shakeups in the sector—most notably Alphabet’s $32 billion acquisition of Israeli startup Wiz earlier this year—reinforcing Israel’s status as a cybersecurity superpower on the global stage.