CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
CYBRCyberArk Software(CYBR) techcrunch.com·2024-05-20 20:12

More cybersecurity consolidation coming your way, with bigger players picking up startups that will help them bolt on tech to meet the ever-expanding attack surface for enterprises as they move more activity into the cloud. In the latest development, CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for 1.54billioninacashandsharedeal.Specifically,CyberArkwillpay1.54 billion in a cash and share deal. Specifically, CyberArk will pay 1 billion in cash and approximately $540 million ...