--- title: "Wallix Group SA: US Giant Palo Alto Leads Renewed Takeover Speculation" publisher: "Share Talk" author: "sharetalk" published: "2026-06-24T12:55:40+00:00" modified: "2026-06-24T12:55:40+00:00" date: 2026-06-24 canonical: "https://www.share-talk.com/wallix-group-sa-us-giant-palo-alto-leads-renewed-takeover-speculation/" category: "B2B" categories: ["B2B", "Blogs", "Business & Support Services", "Technology", "Technology, Media & Telecoms"] tags: ["Palo Alto", "PANW", "Takeover Speculation", "Thales SA", "Thierry Dassault", "Wallix Group SA"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/05/4177f240-e297-471e-bc7d-177a71b6df3c.webp?fit=1200%2C1200&quality=80&ssl=1" format: "news" language: "en-GB" --- # Wallix Group SA: US Giant Palo Alto Leads Renewed Takeover Speculation **Published:** June 24, 2026 **Author:** sharetalk **Categories:** B2B, Blogs, Business & Support Services, Technology, Technology, Media & Telecoms **Tags:** Palo Alto, PANW, Takeover Speculation, Thales SA, Thierry Dassault, Wallix Group SA **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/05/4177f240-e297-471e-bc7d-177a71b6df3c.webp?fit=1200%2C1200&quality=80&ssl=1) --- **Wallix Group (EPA:ALLIX)** has received no less than two European takeover approaches from **Thierry Dassault** and **Thales SA (Euronext: HO),** with this triggering interest from a new, larger US player,** Palo Alto (NASDAQ:** **PANW).** [Author ](https://twitter.com/ZaksTradersCafe)[@ZaksTradersCafe](https://twitter.com/ZaksTradersCafe) This is likely to be successful, not only in terms of the implied deeper pockets, but also the strategic value to Palo Alto, which has thus far not been able to attain a meaningful foothold in European markets. The icing on the cake for Palo Alto would be acquiring by the backdoor, key French and German certifications, without which it is impossible to work for sovereign entities. For **Wallix Group,** a fast-growing French cybersecurity company, to be once again in the frame as a takeover target is something which is in the interests of its Founder, Chairman and CEO, Jean-Noel Galzain who has 9% and **Dassault (EPA:DSY)** director Thierry Dassault on 6%. The only issue is of course the price. We have already treated to M&A activity back in March, said to be at €33, with **KKR (NYSE:KKR)** getting rebuffed in the wake of preliminary talks according to La Lettre. With the shares now at €23, the previous €33 **KKR** offer appears on the mean side. It is understood that discussions on a deal would be successful at €40 plus, just above the €39.5 that French giant **Thales** has put on the table. This would have the backing of the companies most influential shareholders, at a price that would eclipse **KKR’s** offer by quite some distance. With Palo Alto waiting in the wings we have the prospect of a competitive bid situation. This includes the prospect of **KKR** either returning to the fray, or the likes of Thales edging up through the €40 to seal the deal on **PANW** stepping forward. Whatever the case it would appear that at current share price levels **Wallix** remains cheap and vulnerable to a takeover. It is a thriving company in the cybersecurity space, with its share of the European public sector particularly noteworthy. Indeed, Thierry Dassault’s eponymous company is likely to bid for **Wallix** itself in order to thwart other bidders. Therefore, we are in a competitive bid situation, which could lead to some fireworks. Investment banks **Parella Weinberg, Rothschild** and **BNP Paribas**, are all said to be involved advising would be bidders. ![](https://www.share-talk.com/wp-content/uploads/2023/11/Zak-Mir-@ZaksTradersCafe-_-Twitter-Google-Chrome-2022-09-11-at-11.06.02-AM-291x300.jpeg) [Author ](https://twitter.com/ZaksTradersCafe)[@ZaksTradersCafe](https://twitter.com/ZaksTradersCafe) **Disclaimer & Declaration of Interest:** The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion. --- **Original URL:** https://www.share-talk.com/wallix-group-sa-us-giant-palo-alto-leads-renewed-takeover-speculation/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*