- 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
