Tag: Nikesh Arora
Palo Alto Networks to acquire Chronosphere
November 21, 2025SSN Staff
SANTA CLARA, Calif. — Palo Alto Networks (NASDAQ: PANW) has announced that it has entered into a definitive agreement to acquire Chronosphere, a next-generation observability platform built to scale for the AI era.
This acquisition proposes strengthening Palo Alto Networks' ability to help organizations navigate a world where modern applications and AI workloads demand a unified data and security foundation. Chronosphere was built precisely for these current needs: a next-generation...
Palo Alto Networks announces agreement to acquire CyberArk
July 31, 2025SSN Staff
SANTA CLARA, Calif. and NEWTON, Mass. — Palo Alto Networks and CyberArk, an identity security provider, announced that they have entered into a definitive agreement under which Palo Alto Networks will acquire CyberArk.
Under the terms of the agreement, CyberArk shareholders will receive $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk share. This represents an equity value of approximately $25 billion for CyberArk and a 26% premium to the unaffected 10-day...
Palo Alto announces acquisition of Cider Security
November 17, 2022Ken Showers, Managing Editor
SANTA CLARA, Calif. – During its Q1 2023 financial results webcast Palo Alto Networks announced it had signed a definitive agreement to Israeli cybersecurity company Cider Security.
Palo Alto Networks said that with the addition of Cider Security’s software supply chain security capabilities, combined with the recent announced Software Composition Analysis (SCA) capabilities, the Prisma Cloud security platform becomes a “must-have” for organizations using cloud...