CyberArk Could Not Scale Alone So Palo Alto Stepped In

“This is precisely why industry must change the paradigm,” Nikesh Arora said earlier this year. “Shifting away from today’s fragmented security landscape and towards consolidation.” That view now defines Palo Alto Networks’ latest move: the $25 billion acquisition of Israeli cybersecurity company CyberArk. The transaction is the largest in Palo Alto’s history and the most expensive deal ever for an Israeli firm, exceeding even Intel’s $15.3 billion acquisition of Mobileye in 2017. CyberArk, a publicly traded leader in privileged access management (PAM), has built a position at the center of enterprise identity security, securing administrator credentials, service accounts, and machine identities across over 10,000 organizations worldwide. Arora’s position has been c