SentinelOne to buy US co Attivo Networks for USD 617 million
Categories: Hi-Tech
Israeli-founded cybersecurity firm SentinelOne is set to acquire California-based cyber company Attivo Networks, an identity security and lateral movement protection outfit, in a cash and stock transaction valued at USD 617 million.
SentinelOne developed AI-based software that protects laptops and cellphones from security breaches by identifying unusual behavior in enterprise networks. The Mountain View, California-based company was founded in 2013 by Israeli entrepreneurs Tomer Weingarten, its CEO, and Almog Cohen.
Subject to regulatory approval, the deal is expected to close in late 2022.
