Palo Alto Networks Acquires CyberArk

February 19, 2026

Palo Alto Networks has completed its acquisition of CyberArk, integrating CyberArk's identity security platform into Palo Alto's broader security ecosystem. Under the deal, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks common stock per CyberArk share; the acquisition is intended to make identity security a core pillar across human, machine, and AI/agent identities.

Buyers
Palo Alto Networks
Targets
CyberArk
Sellers
CyberArk shareholders
Industry
Cybersecurity
Location
Massachusetts, United States
Transaction Type
Buyout

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