Palo Alto Networks Acquires CyberArk

Palo Alto Networks has finalized its acquisition of CyberArk, an Israeli identity security firm, for US$25 billion. This strategic move aims to establish Identity Security as a core pillar of Palo Alto Networks' platformisation strategy, enabling it to secure all identities—human, machine, and AI agents—across enterprise environments. The acquisition addresses the growing threat of identity-based attacks, which have become prevalent with the expansion of cloud, automation, and AI technologies. CyberArk's privileged access management (PAM) and identity security solutions will be integrated into the Palo Alto Networks security ecosystem, while also continuing to be offered as a standalone platform. This integration is expected to enhance resilience, operational efficiency, and security outcomes for customers by reducing standing privileges and limiting lateral movement of attackers. Nikesh Arora, Chairman and CEO of Palo Alto Networks, emphasized the necessity of securing every identity in the emerging wave of AI agents.