M&A
confidence high
sentiment positive
materiality 0.80
SentinelOne to acquire Attivo Networks for $616.5M in cash/stock to expand XDR identity capabilities
SentinelOne, Inc.
- Total consideration $616.5M: ~58% cash, ~42% SentinelOne Class A stock at fixed $40.49/share (30-day VWAP).
- Deal expected to close in Q2 fiscal 2022 (quarter ending July 31, 2022), subject to regulatory approval and customary conditions.
- Attivo Networks serves 300+ global enterprises including Fortune 500; adds identity threat detection and response (ITDR) to Singularity XDR.
- Transaction expands SentinelOne's TAM by $4B in identity security; expected to be accretive to GAAP and non-GAAP gross margin.