PANW Agrees To Pay 25x Revs for CYBR
If CYBR bookings were so healthy, the company would go at it alone. I believe companies will regret paying these outrageous multiples (25x revenue? For what?)
If Machine Identity Management was at the inflection point CYBR says it is, the company would not sell. CYBR is a mini-roll-up, and PANW appears to be the fool at the table.
My educated guess is that PANW CEO Nikesh Arora will see his CEORater AlphaScore fall from 42 over the next several years as a result of this deal. That’s if he has his job 2-3 years from now. Arora will be shown the door within 24-36 months in my opinion. Weak CEO.
