SentinelOne Strikes $617M Cash-and-Stock Deal for Attivo Networks
SentinelOne (NYSE: S) has agreed to buy Attivo Networks in a cash-and-stock transaction worth approximately $616.5 million to expand its extended detection and response offerings with the addition of identity threat detection and response capabilities.
SentinelOne said Tuesday it expects the transaction to be completed in its upcoming fiscal second quarter, subject to regulatory clearance and other customary closing conditions.
“The acquisition of Attivo Networks continues our commitment to defining and delivering autonomous XDR,” said SentinelOne CEO Tomer Weingarten. “Identity fuses together all enterprise assets, and I see identity threat detection and response as an integral part of our XDR vision.”
Weingarten added the transaction advances SentinelOne’s portfolio and growth initiatives and accelerates adoption of enterprise zero trust strategies.
SentinelOne expects the acquisition to beef up its Singularity XDR platform with the addition of Attivo’s identity assessment tool, identity threat detection and response platforms and network and cloud-based deception technologies.
“The shift to hybrid work and increased cloud adoption has established identity as the new perimeter, highlighting the importance of visibility into user activity,” said Nicholas Warner, chief operating officer of SentinelOne.
Warner added that ITDR serves as the “missing link” in zero trust and XDR strategies and the deal marks “a natural platform progression for protecting organizations from threats at every stage of the attack lifecycle.”
Read the original article by Jane Edwards on GovCon Wire.
Free Active Directory Assessment
Get Visibility Into Privilege And Service Account Exposure
For a limited time, Attivo Networks is providing free Active Directory Security Assessments to demonstrate how ADAssessor provides unprecedented and continuous visibility to AD vulnerabilities.
Try Our Endpoint Detection Net (EDN) for Free
FAST AND EASY
Free use offer of our Award-winning security solution to prevent attackers from lateral movement, credential theft, and privilege escalation, fast and easy.
ADSecure 90-Day Free Trial
GET PROTECTION AGAINST UNAUTHORIZED ACCESS TO ACTIVE DIRECTORY
- Hide and deny access to AD objects
- Get alerted on unauthorized queries
- Attack details easily viewable in dashboard
- Your data remains on-premise