The acquisition will enable SentinelOne to expand its AI-powered prevention, detection, and response capabilities to identity-based threats
SentinelOne signs agreement to acquire Attivo Networks.(Credit: TheDigitalArtist from Pixabay)
Cybersecurity firm SentinelOne has signed an agreement to acquire Attivo Networks, a US-based identity security and lateral movement protection firm, in a cash-stock deal worth $616.5m.
Attivo Networks provides solutions to safeguard against identity compromise, privilege escalation, and lateral movement attacks.
The company claims that its solutions avoid and derail attack escalation activities across endpoints, active directory, and cloud environments by providing visibility to security exposures and attack paths.
The acquisition will enable SentinelOne to expand its AI-powered prevention, detection, and response capabilities to identity-based threats, setting the standard for extended detection and response (XDR) and expediting the adoption of enterprise zero trust.
SentinelOne COO Nicholas Warner said: “The shift to hybrid work and increased cloud adoption has established identity as the new perimeter, highlighting the importance of visibility into user activity.
“Identity Threat Detection and Response (ITDR) is the missing link in holistic XDR and zero trust strategies.
“Our Attivo acquisition is a natural platform progression for protecting organisations from threats at every stage of the attack lifecycle.”
Together, the two companies will provide identity security as part of Singularity XDR for autonomous protection including identifying threat detection and response, infrastructure assessment, and cyber deception.
SentinelOne CEO Tomer Weingarten said: “The acquisition of Attivo Networks continues our commitment to defining and delivering autonomous XDR.
“Identity fuses together all enterprise assets, and I see identity threat detection and response as an integral part of our XDR vision.
“Attivo Networks is the right technology and team to advance our portfolio, complementing our hypergrowth and accelerating enterprise zero trust adoption.”
The deal is expected to close in SentinelOne’s upcoming fiscal second quarter, subject to regulatory approval and customary closing conditions.
Attivo Networks CEO Tushar Kothari said: “We are thrilled to join SentinelOne, the category leader in XDR. Attivo’s solutions are a perfect complement, as an XDR with identity protection significantly improves organisational security posture.
“As the threat landscape evolves, identity remains the central nervous system of the enterprise. Combined with the power of SentinelOne’s autonomous XDR, we’ll bring real-time identity threat detection and response to the front lines of cyberdefense.”