SentinelOne IncSentinelOne is the target of a potential acquisition by Cisco, which would provide a premium.
Cisco Systems is reportedly a leading candidate to acquire AI-focused cybersecurity company SentinelOne, which holds FedRAMP High authorization, as a way to strengthen its security portfolio amid flat security revenue. Separately, Cisco is expanding its data center footprint in Italy and Bahrain, aligning with trends in AI, machine learning, big data, and IoT infrastructure. The potential deal and new facilities raise questions about how Cisco may position its AI-era security and data infrastructure offerings across government and commercial markets. Cisco stock trades at $119.25, with returns up 79.5% over the past year and 56.8% year to date, though it is down 1.5% over the last 30 days.
SentinelOne IncSentinelOne is the target of a potential acquisition by Cisco, which would provide a premium.
Cisco Systems IncCisco is reportedly a leading candidate to acquire SentinelOne, which could strengthen its security portfolio.