Cybersecurity big Palo Alto Networks (Nasdaq: PANW) is mulling shopping for Israeli cybersecurity firm SentinelOne (NYSE: S), based on business sources. At this stage, no official announcement has been made by the businesses, however based on estimates, this might be an acquisition that can be made for some $7 billion. SentinelOne’s share worth is presently 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, as a consequence of AI-based expertise that detects assaults based mostly on behavioral patterns. The corporate has about 2,400 workers and operates from a number of nations, together with Israel, the place it has certainly one of its major 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 providers.
Palo Alto Networks continues to strengthen by 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 precious and largest cybersecurity firms, with a market cap of greater than $130 billion and over 11,000 workers worldwide. The corporate’s various product strains present safety for networks, cloud methods and endpoints. Not too long ago, it unveiled, amongst different issues, the Prisma AIRS platform, which relies solely on AI capabilities.
In recent times, 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 middle exterior the US. A deal to purchase SentinelOne, if accomplished, would considerably broaden this exercise, and strengthen the corporate’s positioning towards rivals corresponding to Microsoft and CrowdStrike
Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 21, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
