Cybersecurity startup Wiz is considering a potential bid for SentinelOne, reported Bloomberg’s Andrew Martin and Marissa Newman. A spokesperson for Wiz, which was recently valued at $10B, said the company was studying a potential deal for SentinelOne, which had a market valuation of nearly $4.9B on Friday. Shares of SentinelOne are up 4.4% in afternoon trading.
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Read More on S:
- Startup Wiz considering bid for SentinelOne, Bloomberg says
- SentinelOne price target raised to $17 from $15.50 at Jefferies
- SentinelOne price target raised to $19 from $16 at Guggenheim
- SentinelOne price target raised to $17 from $14 at Canaccord
- SentinelOne (NYSE:S) Will Probably be Acquired by Private Equity