Palo Alto Networks has finalised its acquisition of CyberArk. The deal positions identity protection as a key pillar in the company’s platform strategy, targeting human, machine, and AI agent identities.
Announced in July 2025, the transaction provides CyberArk shareholders with US$45.00 in cash plus 2.2005 shares of Palo Alto Networks stock per share.
CyberArk’s platform will remain available standalone while integrating into Palo Alto’s ecosystem for unified security across hybrid cloud environments. The move addresses critical gaps, as machine identities outnumber human ones 80-to-1 and 90 percent of enterprises have faced identity breaches.
“For our customers, this means the end of ‘identity silos.’ They can now manage privileged access across their entire hybrid cloud environment from the same company they trust for network security and security operations — to ensure they are secure in the AI era,” said Nikesh Arora, Chairman and CEO of Palo Alto Networks.
“his is a win-win: our customers gain access to the world’s most comprehensive security portfolio, and our employees join a global innovation engine. Together, we are creating the most robust combination of proven technologies to stop identity-driven breaches,” said Matt Cohen, CEO of CyberArk.
