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Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company

cnbc.com Samantha Subin 2025-11-14 06:47:14

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period. The cybersecurity software vendor said Nir Zuk, who founded the company in 2005, is retiring from his role as chief technology officer. The stock rose about 6% in extended trading. Here's how the company did compared to LSEG estimates: Earnings: 9

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Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

cnbc.com Samantha Subin 2025-12-10 00:00:01

In this article PANW Follow your favorite stocks CREATE FREE ACCOUNT Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland. David Cannon | David Cannon Collection | Getty Images When Nikesh Arora was named CEO of Palo Alto Networks in June 2018, the cybersecurity company was valued at about $19 billion and was taking on large networking vendors like Cisco and Juniper, whi

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Palo Alto Networks agrees to buy CyberArk for $25B

news.ycombinator.com Rebecca Szkutak 2025-12-09 17:19:44

In Brief Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora took over as CEO and chairman of the company in 2018, according to the Financial Times, which estimated the company has spent more than $7 billion

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Palo Alto Networks agrees to buy CyberArk for $25 billion

techcrunch.com Rebecca Szkutak 2025-12-19 15:38:29

In Brief Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora took over as CEO and chairman of the company in 2018, according to the Financial Times, which estimated the company has spent more than $7 billion

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Palo Alto Networks stock falls after announcing $25 billion CyberArk deal

cnbc.com Samantha Subin 2025-12-20 00:35:41

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. CyberArk shareholders, for each of their shares, will get $45 cash and 2.2005 shares of Palo Alto. The deal is expected to close during Palo Alto Networks' fiscal 2026. Shares of Palo Alto fell 5% on Wednesday, building on a 5% loss from Tuesday. CyberArk's stock whipsawed. Palo Alto Chairman and CEO Nikesh Arora said in an interview with CNBC's "Squawk on the Street" on Wedn

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Palo Alto Networks stock falls after announcing $25 billion Cyberark deal

cnbc.com Samantha Subin 2025-12-20 05:45:40

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell 5% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock whipsawed. Palo Alto CEO and chairman Nikesh Arora

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Palo Alto Networks stock falls 7% after announcing $25 billion Cyberark deal

cnbc.com Samantha Subin 2025-12-20 10:47:22

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell 7% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock dipped about 1%. Palo Alto CEO and chairman Nikesh

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Palo Alto Networks stock falls 8% after announcing $25 billion Cyberark deal

cnbc.com Samantha Subin 2025-12-20 15:59:50

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell more than 8% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock dipped about 2%. Palo Alto CEO and chair

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CyberArk pops on report of $20B+ acquisition talks with Palo Alto Networks

cnbc.com Jordan Novet 2025-12-22 10:11:11

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025. CyberArk shares soared as much as 18% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy the identity management software maker for over $20 billion. Cloud security is becoming an increasingly critical piece of the enterprise tech stack, especially as rapid advancements in artificial inte

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CyberArk's stock jumps on report Palo Alto Networks in talks to buy company for over $20 billion

cnbc.com Jordan Novet 2025-12-22 20:58:47

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025. CyberArk shares soared as much as 18% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy the identity management software maker for over $20 billion. Representatives of the two companies didn't immediately respond to requests for comment. Cloud security is becoming an increasingly critic

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