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Palo Alto Networks becomes TASE most valued company
Palo Alto Networks will acquire Israeli cybersecurity platform CyberArk and achieve a dual listing on the Tel Aviv Stock Exchange (TASE), making it the most valuable company on the Israeli market with a $115 billion market cap. The company will use CyberArk’s ticker symbol CYBR on the TASE as a tribute. This move signifies a major boost for the Israeli financial ecosystem and cybersecurity sector.