Palo Alto Networks Acquires CyberArk
February 19, 2026
Palo Alto Networks entered into a definitive cash-and-stock agreement to acquire CyberArk for approximately $25 billion in equity value. The deal was structured so that CyberArk shareholders would receive $45.00 in cash and 2.2005 shares of Palo Alto Networks stock for each CyberArk share. Palo Alto Networks later completed the acquisition on February 11, 2026.
- Buyers
- Palo Alto Networks
- Targets
- CyberArk
- Industry
- Cybersecurity
- Location
- Unknown, Israel
- Transaction Type
- Buyout
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