SentinelOne in Crosshairs: Sale Talks Intensify Amid Profitability Struggles

Is consolidation picking steam in cybersecurity?

First Zscaler, now SentinelOne - it appears we have reached a juncture where some of the most notable names in cybersecurity are up for grabs. The concept of platforms has been circulating for some time, and now, it seems the era of platformization is truly upon us. Nikesh may have been correct in shifting his strategy toward developing "the cybersecurity platform." Despite our skepticism about the hype, Wall Street often takes decisive stances regardless. It appears that others also have the opportunity to create a premier platform through targeted and strategic acquisitions. As highlighted in our report on the upcoming wave of acquisitions, cybersecurity will continue to be a primary area for investment, particularly due to the sector's anticipated growth over the forthcoming decade.

In that vein, innovative cybersecurity firm SentinelOne Inc. has found itself squarely in the M&A crosshairs, engaging in a fresh round of preliminary but serious sale discussions with deep-pocketed sui…