Palo Alto Networks, a cybersecurity company, is set to acquire CyberArk Software for $25 billion in a deal expected to close in the second half of fiscal 2026. The acquisition will offer CyberArk shareholders a 26% premium and is projected to boost revenue growth and gross margin by 2028. Palo Alto Networks aims to accelerate CyberArk’s growth in Identity Security, integrating it into its multi-platform strategy. In pre-market trading, Palo Alto Networks shares are down by 6%, while CyberArk Software shares are down by 0.62% on the Nasdaq.

Read more at NASDAQ.: Palo Alto Networks To Acquire CyberArk For $25 Bln In Cash, Stock Deal