It’s Official: Palo Alto Networks to Buy CyberArk for $25B

Palo Alto Networks announced a $25 billion acquisition of CyberArk, marking its entry into the identity security market. The deal, expected to close in early 2026, aims to integrate CyberArk’s capabilities into Palo Alto’s Strata and Cortex platforms, leveraging AI for identity-aware security. This acquisition, the largest in Palo Alto’s history, positions the company to address the evolving identity security needs, particularly with the rise of AI agents.