Palo Alto Networks to listing on TASE
Palo Alto Networks (Nasdaq: PANW) has introduced that it’ll dual-list on the Tel Aviv Inventory Trade (TASE). With a present market cap of $115 billion, it’ll change into by far probably the most priceless firm listed on the Israeli market.
The announcement by the US cybersecurity firm, which was based by Israeli Nir Zuk, who lately stepped down as CTO, and is at present led by CEO Nikesh Arora, got here along with the announcement that Palo Alto Networks acquisition of Israeli cybersecurity firm CyberArk (Nasdaq: CYBR) has been accomplished.
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Palo Alto Networks mentioned, “Constructing on CyberArk’s heritage and Israel’s place as a worldwide cybersecurity powerhouse, Palo Alto Networks publicizes its intent to pursue a secondary itemizing on the Tel Aviv Inventory Trade (TASE). As a part of this historic transfer, the corporate plans to undertake the “CYBR” ticker on the TASE, offering a world-class tribute to the model CyberArk constructed whereas making certain its id stays a cornerstone of the worldwide technique.”
CyberArk is being acquired in a money and shares deal value $21.5 billion in response to Palo Alto Community’s present share value.
Palo Alto Networks will simply change into probably the most priceless firm traded on the TASE, surpassing Teva Prescribed drugs with a market cap of $40 billion, and Financial institution Leumi and Financial institution Hapoalim, which have market caps of $38.4 billion and $35.3 billion, respectively.
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 11, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
