Palo Alto Networks to buy CyberArk for $25B as identity security takes center stage

Palo Alto Networks is making what could be its biggest bet yet by agreeing to buy Israeli identity security company CyberArk for around $25 billion. The companies announced they had reached an agreement on Wednesday.

The deal will mark a seismic shift for an industry that’s been consolidating at breakneck speed. More importantly for security chiefs, it signals that the days of managing dozens of different security tools are numbered.

Continue reading on CSO.

Source:: Network World