Palo Alto Networks is making what could be its biggest bet yet by agreeing to buy Israeli identity security company CyberArk for around $25 billion. The companies announced they had reached an agreement on Wednesday. The deal will mark a seismic shift for an industry that’s been consolidating at breakneck speed. More importantly for security…
Category: Identity Management Solutions, Mergers and Acquisitions, Security
Emerging Tech, Global Security News, Identity Management Solutions, Mergers and Acquisitions, Security
Palo Alto Networks eyes $20B CyberArk deal as identity security takes center stage
Palo Alto Networks is closing in on what could be its biggest bet yet: a more than $20 billion acquisition of Israeli identity security company CyberArk, according to a Wall Street Journal report that sent shockwaves through the cybersecurity world. If the deal goes through — and the report suggested it could happen as early…