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Stock impact report

Palo Alto Networks Deepens Security Platform With CyberArk Deal And Buybacks [Yahoo! Finance]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Palo Alto Networks (NasdaqGS:PANW) completed a roughly US$25b acquisition of CyberArk, adding identity security to its offerings. The company also expanded its share repurchase program by US$1b after fully using its prior buyback authorization. Palo Alto Networks is best known for network security, cloud security, and security operations tools, and CyberArk is widely associated with identity and access security. By combining these areas, PANW is moving further toward a single, platform style approach that many large customers have been asking for as cybersecurity spending spreads across more categories. For you as an investor, the key point is that identity security is now a formal part of PANW's core product mix. At the same time, the additional US$1b share repurchase authorization signals that management is comfortable allocating capi Show less Read more
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