SentinelOne and Attivo Networks announced in April 2021 that they have entered into a definitive agreement for SentinelOne to acquire Attivo Networks for a total consideration of $616.5M. This combination of two leading cyber security companies is expected to create a comprehensive zero-trust security platform for enterprises, government agencies, and educational institutions. In this article, we will provide a detailed overview of the acquisition, the companies involved, the benefits of the deal, and the implications for the cyber security industry.
Overview of the Acquisition
SentinelOne and Attivo Networks announced in April 2021 that they have entered into a definitive agreement for SentinelOne to acquire Attivo Networks for a total consideration of $616.5M. SentinelOne is a leading cyber security company that provides a unified endpoint protection platform for enterprise, government, and educational institutions. Attivo Networks is a leader in deception-based threat detection and incident response solutions. This combination of two leading cyber security companies is expected to create a comprehensive zero-trust security platform for enterprises, government agencies, and educational institutions.
Companies Involved
SentinelOne is a leading cyber security company that provides a unified endpoint protection platform for enterprise, government, and educational institutions. Founded in 2013, the company was co-founded by CEO Tomer Weingarten, CTO Almog Cohen, and Chairman of the Board Adam Ghetti. The company is currently headquartered in Mountain View, Calif., and has offices in Israel, the United Kingdom, and Germany. Attivo Networks is a leader in deception-based threat detection and incident response solutions. Founded in 2013, the company was co-founded by CEO Tushar Kothari, CTO J.R. Santos, and President & COO Peter George. The company is headquartered in Fremont, Calif., and has offices in the United Kingdom, Canada, and India.
Benefits of the Deal
The acquisition of Attivo Networks by SentinelOne is expected to provide a number of benefits for both companies. For SentinelOne, the acquisition of Attivo Networks will create a comprehensive zero-trust security platform for enterprises, government agencies, and educational institutions. This platform will enable customers to secure their endpoints and networks from advanced threats. Additionally, the combination of the two companies will create a larger and more diverse customer base, as well as a larger and more comprehensive product portfolio. For Attivo Networks, the acquisition will provide access to SentinelOne’s larger customer base and global reach, as well as its expertise in endpoint security.
Implications for the Cyber Security Industry
The acquisition of Attivo Networks by SentinelOne has implications for the cyber security industry as a whole. The combination of two leading cyber security companies is expected to create a comprehensive zero-trust security platform for enterprises, government agencies, and educational institutions. This platform will enable customers to detect and respond to threats faster and more effectively. Additionally, the acquisition is expected to create a larger and more diverse customer base, as well as a larger and more comprehensive product portfolio. This increased competition in the industry is expected to drive innovation and lead to lower prices and better services for customers.
Conclusion
The acquisition of Attivo Networks by SentinelOne is expected to provide a number of benefits for both companies, as well as for the cyber security industry as a whole. The combined companies will create a comprehensive zero-trust security platform for enterprises, government agencies, and educational institutions, as well as a larger and more diverse customer base and a larger and more comprehensive product portfolio. Additionally, the increased competition in the industry is expected to drive innovation and lead to lower prices and better services for customers.
