CyberArk, the global leader in identity security, announced that its shareholders have voted to approve the previously announced acquisition of CyberArk by Palo Alto Networks (“PANW”) at a special meeting of shareholders held on November 13, 2025.
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The transaction is expected to close during the second half of PANW’s fiscal year 2026, subject to the satisfaction of remaining customary closing conditions, including the receipt of regulatory approvals.
“We would like to thank our shareholders for their strong support in approving the acquisition of CyberArk by Palo Alto Networks,” said Matt Cohen, Chief Executive Officer of CyberArk. “ we move one step closer to bringing together two cybersecurity leaders to advance our vision of securing every identity — human, machine, and AI — with intelligent privilege controls through a modern platform built for the AI era.”
At special general meeting, CyberArk shareholders approved the acquisition proposal with approximately 99.8% support.
Proposed Transaction with Palo Alto Networks
On July 30, 2025, CyberArk announced that it has entered into a definitive agreement under which PANW intends to acquire CyberArk in a cash-and-stock transaction for a per-share consideration of $45.00 in cash and 2.2005 shares of PANW common stock. The press release announcing the transaction is available on the Investor Relations section of CyberArk’s website.
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