Consideration$3.4B
TypeAcquisition
AcquirerPalo Alto Networks
AnnouncedNov 19, 2025
TickerNasdaq: PANW
Solid
A solid exit with healthy economics.
Deal size vs peers
A large Acquisition versus peers (16.8× the median).
Liquidity type
Strategic acquisition — a clean liquidity event.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.
vs. Acquisition deals (999)
Deal size distribution84th pct
smaller Acquisition dealslarger