Cybersecurity big Palo Alto Networks (Nasdaq: PANW) is mulling shopping for Israeli cybersecurity firm SentinelOne (NYSE: S), in accordance with business sources. At this stage, no official announcement has been made by the businesses, however in accordance with estimates, this might be an acquisition that will likely 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.
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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, attributable to AI-based know-how that detects assaults based mostly on behavioral patterns. The corporate has about 2,400 staff and operates from a number of nations, together with Israel, the place it has one among its important growth 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 companies.
Palo Alto Networks continues to strengthen via Israeli acquisitions
Palo Alto Networks was based in 2005 by Israeli entrepreneur Nir Zuk and is right this moment one of many world’s most dear and largest cybersecurity firms, with a market cap of greater than $130 billion and over 11,000 staff worldwide. The corporate’s numerous product strains present safety for networks, cloud methods and endpoints. Lately, it unveiled, amongst different issues, the Prisma AIRS platform, which is predicated totally on AI capabilities.
Lately, Palo Alto’s progress 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 growth heart exterior the US. A deal to purchase SentinelOne, if accomplished, would considerably increase this exercise, and strengthen the corporate’s positioning in opposition to rivals reminiscent of Microsoft and CrowdStrike
Printed by Globes, Israel enterprise information – en.globes.co.il – on July 21, 2025.
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