Palo Alto Snaps Up CyberArk – Merger Arbitrage Mondays

Aug 04, 2025

∙ Paid

CyberArk Software Ltd. (CYBR): $414

Market Cap: $20.82B

Deal Size: $25B

Palo Alto Networks, Inc. (PANW) entered into a definitive merger agreement on July 30, 2025, to acquire Israeli cybersecurity company CyberArk Software in a cash and stock deal valued at $25 billion. This is Palo Alto Networks largest deal, as CEO Nikesh Arora aims to create a comprehe…

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