Palo Alto Networks has just made the biggest cybersecurity acquisition of all time – agreeing to acquire CyberArk, for $25 billion. This acquisition has already become one of the biggest security transactions in 2025. You may remember how earlier this year, Google grabbed the public’s attention by purchasing Wiz for $32 billion. The agreement is the largest combination of cash and stock. This acquisition continues to bolster Palo Alto Networks’ efforts to deepen its expertise in the identity security space.
Under CEO and chairman Nikesh Arora — who took over in 2018 — Palo Alto Networks has gone all in on deals. They’ve poured more than $7 billion into 50+ such acquisitions. The latest acquisition of CyberArk marks a strategic entry into the identity security space, allowing Palo Alto Networks to enhance its offerings and better protect organizations against evolving cyber threats.
Besides this latest acquisition, Palo Alto Networks has been busy on the M&A front, with some of the more important acquisitions over the past year shown below. In October 2023, the company acquired Dig Security for approximately $400 million, followed by the acquisition of Talon Cyber Security for about $625 million in November 2023. These moves indicate that the company is all-in on deepening its position in the fast-growing cybersecurity segment. Beyond that, they’re just jumping into a much wider set of security challenges.
The company’s significant prior acquisitions are demonstrative of its continuing strategy. In February 2021, it purchased startup Bridgecrew for $156 million, bolstering its portfolio of security solutions. Under Arora’s leadership Palo Alto Networks has been on an acquisition spree bolstering its technology footprint. This prudent strategy toward acquisitions has further established its place at the top of the rapidly growing cybersecurity sector.
As the cybersecurity landscape becomes more challenging, organizations are realizing just how critical it is to secure their digital identities. Palo Alto Networks bought CyberArk to improve their platform. With this acquisition, the company is increasingly positioned to meet the soaring demand for identity security solutions. By integrating CyberArk’s expertise into its existing frameworks, Palo Alto Networks can deliver comprehensive protection against a range of cyber threats.
