Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

Acquisition Chatter Swirls Around SentinelOne, BlackBerry

Cybersecurity vendors SentinelOne and BlackBerry have been separately named in public acquisition chatter with a surprise suitor emerging.

Prominent anti-malware vendors SentinelOne and BlackBerry have been separately named in public acquisition chatter, underscoring a clear signal of impending consolidation in cybersecurity.

According to published reports, private equity firm Veritas Capital is in early talks to acquire BlackBerry, the venerable tech firm that acquired Cylance and reinvented itself as a cybersecurity vendor.

Neither Veritas or BlackBerry has commented on the reports, which say Veritas is interested in acquiring all of the Canadian company, while other suitors are also interested in the whole or parts of BlackBerry.

The BlackBerry acquisition chatter follows news that SentinelOne has been exploring options that could include a sale. SentinelOne, a publicly traded company with a market cap of $4.8 billion, has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, according to Reuters.

In a surprise twist, hot-shot cloud security startup Wiz has emerged as a suitor for SentinelOne, a potential transaction that has set tongues wagging throughout the industry.

Wiz, currently locked in acrimonious competition with rival Orca, has raised about $900 million in venture capital and growth funding and was last valued in the range of $10 billion.

Advertisement. Scroll to continue reading.

SentinelOne has also gone shopping lately, spending $616 million to purchase Attivo, and $155 million to acquire Scalyr.

Related: Wiz Raises $300 Million at $10 Billion Valuation

Related: SentinelOne Snaps up Scalyr in $155M Deal

Related: SentinelOne to Acquire Attivo Networks for $616M

Related: Orca Sues Wiz Over Alleged Cloud Security Patent Violations

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this live webinar as we break down why email-layer defenses alone can't keep pace with the modern phishing ecosystem, how agentic AI is changing the capacity equation for security teams, and more.

Register

AI has accelerated both sides of the fight. Adversaries are weaponizing vulnerabilities faster, while defenders are racing to ship detections and configurations. Join this live webinar as we explore how to prove your controls actually hold against new threats, map your security maturity, and unite breach simulation with automated pentesting into a single, coordinated program.

Register

People on the Move

Fable Security has appointed Jacob Berry as Chief Information Security Officer.

iCOUNTER has named Ali Waezzadah as Chief Information Security Officer.

Roger Hale has joined 1Kosmos as Chief Information Security Officer.

More People On The Move

Expert Insights

Four decades of incident response experience suggest that exploits are often the symptom, not the root cause, of today’s cybersecurity failures.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.