Palo Alto Networks mulls shopping for Israeli co SentinelOne
Cybersecurity large Palo Alto Networks (Nasdaq: PANW) is mulling shopping for Israeli cybersecurity firm SentinelOne (NYSE: S), in keeping with trade sources. At this stage, no official announcement has been made by the businesses, however in keeping with estimates, this could be an acquisition that might be made for some $7 billion. SentinelOne’s share value is at the moment up 16.5% at $20.98, giving a market cap of $6.95 billion.
RELATED ARTICLES
SentinelOne was based in 2013 by CEO Tomer Weingarten, Almog Cohen and Ehud Shamir, and has been one of many quickest rising cybersecurity firms over the previous decade, amongst different issues, as a consequence of AI-based expertise that detects assaults primarily based on behavioral patterns. The corporate has about 2,400 staff and operates from a number of international locations, together with Israel, the place it has one in every of its predominant improvement facilities. If the acquisition goes forward, it’s a transfer that may unite two well-known manufacturers within the worlds of endpoint safety, cloud environments and AI-based providers.
Palo Alto Networks continues to strengthen via Israeli acquisitions
Palo Alto Networks was based in 2005 by Israeli entrepreneur Nir Zuk and is in the present day one of many world’s Most worthy and largest cybersecurity firms, with a market cap of greater than $130 billion and over 11,000 staff worldwide. The corporate’s various product traces present safety for networks, cloud techniques and endpoints. Not too long ago, it unveiled, amongst different issues, the Prisma AIRS platform, which relies fully on AI capabilities.
Lately, Palo Alto’s development has been boosted by the acquisition of Israeli cybersecurity firms together with Demisto, Bridgecrew, Cider Safety, Dig Safety and Talon. The corporate’s Israeli workplace in Tel Aviv is its largest improvement heart outdoors the US. A deal to purchase SentinelOne, if accomplished, would considerably broaden this exercise, and strengthen the corporate’s positioning towards rivals similar to Microsoft and CrowdStrike
Printed by Globes, Israel enterprise information – en.globes.co.il – on July 21, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
