CyberArk

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Israeli identity-security company acquired by Palo Alto Networks

CyberArk

Type Acquired (by Palo Alto Networks)
Founded 1999
Founder(s) Udi Mokady, Alon Cohen
Industry Identity security / privileged access management

CyberArk is an Israeli identity-security company founded in 1999 by Udi Mokady and Alon Cohen. It specialised in privileged access management and related identity controls. In a June 2026 Ctech interview after the merger closed, Mokady said Cohen "enlisted in the IDF's central computer and information systems unit, and I joined Unit 8200, before it was considered a glamorous unit." Mokady founded and led the company for about twenty-seven years through roles including COO, CEO, president and chairman.[1]

Sale to Palo Alto Networks

Ctech reported a $25 billion sale to Palo Alto Networks, with the merger completed by May 2026 in Mokady's account. Drop Site News also described Mokady as a Unit 8200 alum in covering the CyberArk purchase and Palo Alto's wider Israeli acquisition pattern.[1][2]

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