Palo Alto Plans Dual Listing in Tel Aviv After Closing $25 Billion CyberArk Deal
Palo Alto Networks' $25 billion acquisition boosts its Israeli R&D and positions it as the largest company on the Tel Aviv Stock Exchange, valued at $115 billion.
- On Feb 12, Palo Alto Networks completed its $25 billion acquisition of CyberArk Software and announced plans to list on the Tel Aviv Stock Exchange.
- Palo Alto said the deal builds on CyberArk’s legacy and Israel’s cyber ecosystem, citing rising AI-driven threats and the need to secure every identity in enterprise identity management.
- Under the deal, CyberArk shareholders will receive $45 in cash plus 2.2005 shares of Palo Alto Networks common stock, while Nir Zuk retires and Lee Klarich becomes CTO in Palo Alto's largest acquisition.
- Following the announcement, the Tel Aviv Stock Exchange said the dual listing marks a significant milestone and Palo Alto Networks will become the largest company by market capitalization on the TASE at $115 billion, although the listing date was not disclosed.
- By strengthening its Israeli R&D centre, Palo Alto aims to accelerate product integration and innovation, bolstering its largest centre outside Silicon Valley to build a 'supermarket' of cybersecurity solutions.
14 Articles
14 Articles
Palo Alto plans dual listing in Tel Aviv after closing $25 billion CyberArk deal
Shares of Nasdaq-listed Palo Alto Networks will also trade on the Tel Aviv Stock Exchange, the cybersecurity firm said on Thursday, after it closed its $25 billion purchase of Israeli peer CyberArk Software .
The Platform Story Meets Privilege Reality: CyberArk as Palo Alto’s Missing Control Plane
The Platform Story Meets Privilege Reality: CyberArk as Palo Alto’s Missing Control Plane Chirag Mehta Thu, 12 Feb 2026 - 17:11 Chirag Mehta Vice President and Principal Analyst Constellation Research Chirag Mehta is Vice President and Principal Analyst focusing on cybersecurity, next-gen application development, and product-led growth. With over 25 years of experience, he has built, shipped, marketed, and sold successful enterprise SaaS produc…
Palo Alto Networks stock ticks up premarket after CyberArk deal closes, with earnings next
Palo Alto Networks shares rose 0.6% to $166.34 premarket after announcing it completed its $25 billion acquisition of CyberArk. The company will keep CyberArk’s products as a standalone platform and begin integration. Investors await Feb. 17 results for details on costs and guidance. CyberArk shareholders receive $45 in cash and 2.2005 Palo Alto shares per share. The post Palo Alto Networks stock ticks up premarket after CyberArk deal closes, wi…
Consensus of the Market Bankinter Palo Alto, the main company within cybersecurity, completed the purchase of CyberArk for $25,000M in cash and shares. Specifically the shareholders of CyberArk will receive $45/acc. along with 2,2005 shares of Palo Alto for each action of CyberArk. The operation will be dilutive for the current shareholders as it will force Palo Alto to issue new shares, although already the company was penalized when the opera…
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