Palo Alto Networks acquires CyberArk for $25B, creating an $8B+ security giant. Analysis of market impact, integration challenges, and impact to enterprise security.

The agreement unites Palo Alto Networks’ AI-powered security platforms with CyberArk’s experience in PAM and broader identity security solutions.

Just a week ago there were reports that cybersecurity giant Palo Alto Networks (Nasdaq:PANW) was mulling the acquisition of Israeli cybersecurity company SentinelOne (NYSE: S). Then yesterday, Palo Alto Networks announced the huge acquisition of CyberArk Software ( Nasdaq: CYBR) for $25 billion.