In a significant move to enhance its cybersecurity offerings, CrowdStrike has announced its acquisition of identity security startup SGNL for $740 million. This strategic purchase is aimed at strengthening CrowdStrike's capabilities in combatting threats related to artificial intelligence.
The deal reflects CrowdStrike's commitment to expanding its portfolio and addressing the evolving challenges in the cybersecurity landscape. The integration of SGNL's technology is expected to provide enhanced identity protection solutions.
With this acquisition, CrowdStrike aims to leverage SGNL's expertise to better secure its clients against AI-driven security risks. The transaction is poised to close in the coming months, marking a pivotal expansion for CrowdStrike in the identity security sector.