Palo Alto Networks is reportedly in advanced talks to acquire CyberArk Software, a publicly traded Israeli IT security firm, in a deal that could exceed $20 billion. If finalized, it would mark the largest acquisition in Palo Alto Networks’ history.
The Wall Street Journal, citing sources familiar with the matter, reports that a definitive agreement could be reached as soon as this week. The move comes as the cybersecurity sector faces an evolving threat landscape shaped by artificial intelligence.
CyberArk is recognized for its expertise in identity security and privileged access management — areas that align closely with Palo Alto Networks’ ambitions to offer more comprehensive, integrated cybersecurity solutions.
This development follows Palo Alto Networks’ recent acquisition of Protect AI, a specialist in securing AI applications and infrastructure. The integration of Protect AI’s capabilities into the Prisma AIRS platform aims to strengthen AI-related security across industries.
