Security News > 2022 > March > SentinelOne pays $617m for identity biz Attivo Networks

SentinelOne pays $617m for identity biz Attivo Networks
2022-03-15 18:45

SentinelOne reached a $616.5m deal to buy identity security vendor Attivo Networks, the companies announced today.

According to the endpoint security firm, acquiring Attivo will bring identity threat detection and response to its extended detection and response tech and expand its total addressable market by about $4bn. "The shift to hybrid work and increased cloud adoption has established identity as the new perimeter," SentinelOne COO Nicholas Warner said in a statement.

Another equally buzzy security phrase - zero trust - is a framework that uses identity and user behavior to continually verify users and machines, and it restricts data and access on a least-privilege basis.

Because identity plays a key role in zero-trust enabling technologies, larger security shops have made moves to add or integrate this capability to their platforms, often via partnerships or M&A. Attivo, an 11-year-old startup that has raised $60.1m in venture funding to date, started with deception-based detection technology before expanding into identity detection and response.

"As the threat landscape evolves, identity remains the central nervous system of the enterprise," Attivo Networks CEO Tushar Kothari said.

"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."


News URL

https://go.theregister.com/feed/www.theregister.com/2022/03/15/sentinelone_attivo_617m/