Palo Alto Networks is reportedly in advanced discussions to acquire Israeli cybersecurity company CyberArk Software for over twenty billion dollars, according to sources cited by a major financial newspaper. The deal could be finalized as soon as this week, marking one of the largest technology mergers of the year. News of the potential acquisition sent CyberArk's share price soaring to a record high, reflecting strong investor interest. CyberArk specializes in enterprise identity management, a key area in cybersecurity.

Original article source: https://en.globes.co.il/en/article-palo-alto-networks-in-talks-to-buy-cyberark-for-over-20b---report-1001517565
Source Id: 8791386065