A leading cyber security organization, Palo Alto Networks, has marked its milestone in the acquisition of CyberArk, ensuring its growth as a key pillar of its platform strategy, covering identity security. Here, the organizations are coming together, uniting two leading innovation brands, both providing a unified foundation for cyber security, protecting every type of identity, whether human, machine, or agentic.
The deal represents a major shift in how organizations protect themselves against today’s most sophisticated cyber threats. As enterprises have grown cloud, automation, and AI, identity has become the main attack vector for cyber attackers. Growth in non-human identities, coupled with increasingly automated systems, has heightened the urgency of delivering a holistic identity security solution that can deal with privilege elevation through all access channels.
Identity Security Now Central to Enterprise Protection
Now the acquisition is complete, its use will be for the integration of the CyberArk identity security platform with the company’s overall security portfolio. This will provide organizations with stronger security that can reduce standing privileges, limit lateral movements, and provide faster breach response with the effective management of various forms of identities.
In addition, customers of Arbor will continue to utilize the solutions offered by CyberArk as a standalone entity while the integration process is underway. Furthermore, they will benefit from the stability and accelerated roadmap provided by the integrated entity.
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Leadership Perspectives on the Strategic Move
Nikesh Arora, Chairman and CEO of Palo Alto Networks, emphasized the importance of this expansion: “The emerging wave of AI agents will require us to secure every identity human, machine, and agent. This is why we moved decisively by announcing our intent to acquire CyberArk last July and am excited to have product integration begin. For our customers, this means the end of ‘identity silos.’ They can now manage privileged access across their entire hybrid cloud environment from the same company they trust for Network Security and Security Operations to ensure they are secure in the AI era.”
Matt Cohen, CEO of CyberArk, added: “Joining forces with Palo Alto Networks creates the definitive cyber guardian for the modern enterprise. This is a win-win: our customers gain access to the world’s most comprehensive security portfolio, and our employees join a global innovation engine. Together, we are creating the most robust combination of proven technologies to stop identity-driven breaches.”
Global Strategy and Market Expansion
Apart from acquisition, Palo Alto Networks is planning to list its shares on the Tel Aviv Stock Exchange, commonly referred to as TASE, under the trading symbol “CYBR.” The move to list shares on TASE is part of the company’s dedication to CyberArk’s heritage, especially considering Israel’s position regarding cybersecurity innovation. The shares will also continue to trade on NASDAQ Global Select Market under the symbol “PANW.”
