Macnica and Singtel Innov8 are set to exit the cybersecurity technology provider in a $617m cash and stock purchase by SentinelOne.
Cybersecurity technology provider SentinelOne agreed yesterday to buy US-based cybersecurity and identity protection software developer Attivo Networks for $617m in cash and stock, allowing semiconductor distributor Macnica and telecommunications company Singtel to exit.
Attivo uses deception technology to trap cyber attackers and get them to reveal themselves, using misdirection to prevent, detect and respond to threats. SentinelOne intends the acquisition to set the standard for extended detection and response (XDR) platforms.
The company had raised undisclosed amounts from Singtel’s corporate…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
