Palo Alto Networks Completes CyberArk Acquisition, Plans Dual Listing on TASE
Palo Alto Networks has completed its acquisition of CyberArk, announced in a press release. The integration establishes identity security as a central element of Palo Alto Networks’ platform, enabling protection for human, machine, and AI identities across enterprise environments.
CyberArk’s Identity Security Platform will continue to be offered as a standalone product while also being integrated into Palo Alto Networks’ broader security ecosystem. The combined capabilities aim to extend privileged access controls beyond administrators to all enterprise identities, reducing the risk of credential abuse and identity-based attacks.
Following the acquisition, Palo Alto Networks announced its intent to pursue a secondary listing on the Tel Aviv Stock Exchange (TASE) under the ticker CYBR, honoring CyberArk’s Israeli roots. The company will maintain its primary listing on the NASDAQ under PANW and is expected to become the largest firm by market capitalization on the TASE. The move reinforces Palo Alto Networks’ commitment to its Israeli R&D center, its largest outside Silicon Valley.
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