Palo Alto Networks has completed its acquisition of CyberArk, expanding its identity security capabilities across human, machine and agentic identities.
CyberArk’s identity security solutions will continue to be available as a standalone platform. Palo Alto Networks is integrating CyberArk’s capabilities into its security ecosystem, with no disruption expected for existing customers, the company said.
Palo Alto Networks Chairman and CEO Nikesh Arora said the rise of AI agents is driving the need to secure every identity across human, machine and agent environments, which was a key factor behind the company’s decision to acquire CyberArk and begin product integration.
“For our customers, this means the end of ‘identity silos,'” he added. “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.”
CyberArk CEO Matt Cohen said the combination with Palo Alto Networks positions the companies to create a comprehensive security platform 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,” he added. “Together, we are creating the most robust combination of proven technologies to stop identity-driven breaches.”
Under the terms of the agreement, CyberArk shareholders are entitled to receive $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk ordinary share.