Palo Alto Networks Completes Acquisition of CyberArk

Reuters02-11 20:03
<a href="https://laohu8.com/S/PANW">Palo Alto Networks</a> Completes Acquisition of CyberArk

Palo Alto Networks has completed its acquisition of CyberArk, integrating the CyberArk Identity Security Platform into its portfolio to establish identity security as a core element of its strategy. Under the agreement, CyberArk shareholders received $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk ordinary share. The combined company aims to provide unified security for human, machine, and agent identities, with product integration already underway. Palo Alto Networks also announced plans to pursue a secondary listing on the Tel Aviv Stock Exchange under the "CYBR" ticker, in tribute to CyberArk’s legacy and Israel’s role in cybersecurity innovation.

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