CyberArk Software Ltd. (CYBR) has entered into a definitive agreement to acquire Venafi, a leader in machine identity management, from the private equity firm Thoma Bravo in a cash-stock deal worth $1.54 billion. Per the agreement, CyberArk will pay$1 billion in cash and $540 million in its shares. Both companies’ boards have approved the transaction, which is expected to close in the second half of 2024, pending regulatory approvals and customary closing conditions. CyberArk aims to merge Venafi’s advance ...