Connect with us

Hi, what are you looking for?



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.

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

Advertisement. Scroll to continue reading.

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.

Click to comment

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 security experts as they discuss ZTNA’s untapped potential to both reduce cyber risk and empower the business.


Join Microsoft and Finite State for a webinar that will introduce a new strategy for securing the software supply chain.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...