1. Similar multiples to the Wiz acquisition

2. Large shared customer base,

3. Most enterprises need Identity SPM which Cyberark does pretty well at.

4. Vendor Rationalization is the name of the game. Security teams want to reduce spend significantly in both headcount and tooling, so PANW aquiriring Cyberark makes it easier to defend identity, cloud, networking, and other security spend as well as displace competitors. This is why platformization is becoming so popular.