CrowdStrike to Acquire Identity Security Firm SGNL

MT Newswires Live01-08

CrowdStrike (CRWD) said Thursday it has agreed to acquire SGNL, a continuous identity security platform.

Financial terms were not disclosed, but the company said the acquisition price is expected to be paid mostly in cash, with part of it paid in stock, based on vesting conditions.

CrowdStrike said it expects the deal to close in Q1 of its fiscal year 2027.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment