SentinelOne Continues to Sharpen Its AI Edge
In July, SentinelOne (NYSE: S) became the subject of takeover rumors. So far, these rumors have not led to an acquisition offer. Instead, rather than being a takeover target, this cybersecurity software company has gone on an acquisition spree of its own.
Since August, SentinelOne has announced not one, but two bolt-on acquisitions of smaller competitors. While not certain, these announcements may be a sign that it plans to continue "going it alone" as an independent company.
Better yet, its independence could be the better move in terms of SentinelOne's stock price. It all has to do with the potential impact of these acquisitions on future fiscal results.
Source Fool.com
