Palo Alto Networks will acquire Israeli cybersecurity platform CyberArk and achieve a dual listing on the Tel Aviv Stock Exchange (TASE), making it the most valuable company on the Israeli market with a $115 billion market cap. The company will use CyberArk’s ticker symbol CYBR on the TASE as a tribute. This move signifies a major boost for the Israeli financial ecosystem and cybersecurity sector.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Palo Alto Networks becomes TASE most valued company
Palo Alto Networks will acquire Israeli cybersecurity platform CyberArk and achieve a dual listing on the Tel Aviv Stock Exchange (TASE), making it the most valuable company on the Israeli market with a $115 billion market cap. The company will use CyberArk’s ticker symbol CYBR on the TASE as a tribute. This move signifies a major boost for the Israeli financial ecosystem and cybersecurity sector.