HomeFinTechCrowdStrike: Closes Acquisition of Humio, For $392M

CrowdStrike: Closes Acquisition of Humio, For $392M

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  • CrowdStrike Holdings, completed the acquisition of Humio, a provider of high-performance cloud log management and observability technology
  • CrowdStrike paid approximately $352m in cash (net of cash acquired) and $40m in stock and options, subject to vesting conditions, to acquire Humio
  • With the acquisition of Humio, CrowdStrike accelerates its XDR capabilities to cloud speed and enhance its ability to solve real-world customer problems
  • Humio co-founder and CEO, Geeta Schmidt, co-founder and CTO, Kresten Krab Thorup, and co-founder and chief engineer, Christian Hvitved, are among the key staff joining CrowdStrike
  • Led by George Kurtz, co-founder and chief executive officer, CrowdStrike also provides cloud-delivered endpoint and cloud workload protection solutions
  • By leveraging AI, the CrowdStrike Falcon® platform also protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise
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