{"id":452032,"date":"2021-03-05T16:33:06","date_gmt":"2021-03-05T21:33:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452032"},"modified":"2021-03-05T16:33:06","modified_gmt":"2021-03-05T21:33:06","slug":"crowdstrike-completes-acquisition-of-humio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/crowdstrike-completes-acquisition-of-humio\/","title":{"rendered":"CrowdStrike Completes Acquisition of Humio"},"content":{"rendered":"<p>        <!--.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>CrowdStrike Completes Acquisition of Humio<\/b><\/p>\n<p>SUNNYVALE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.crowdstrike.com%2F&amp;esheet=52391776&amp;newsitemid=20210305005580&amp;lan=en-US&amp;anchor=CrowdStrike+Holdings%2C+Inc.&amp;index=1&amp;md5=5893fb0dfafad01340c6b6a606a764a9\">CrowdStrike Holdings, Inc.<\/a> (Nasdaq: CRWD), a leader in cloud-delivered endpoint and cloud workload protection, today announced it has completed its acquisition of Humio, a leading provider of high-performance cloud log management and observability technology.\n<\/p>\n<p>\n\u201cWe are excited to welcome the Humio team to CrowdStrike as we join forces to stop breaches, advance our Security Cloud, and extend our ability to address non-security use cases,\u201d said George Kurtz, co-founder and chief executive officer of CrowdStrike. \u201cHumio will enhance CrowdStrike\u2019s ability to solve real-world customer problems with its cloud-native platform by adding index-free data ingestion and analysis capabilities for both first- and third-party data. With the acquisition of Humio, we are accelerating our XDR capabilities to cloud speed, re-defining the industry standard for modern XDR.\u201d\n<\/p>\n<p class=\"bwalignl\">\nHumio 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. CrowdStrike paid approximately $352 million in cash (net of cash acquired) and $40 million in stock and options, subject to vesting conditions, to acquire Humio.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate\u201d, \u201cexpect\u201d, \u201chope\u201d, \u201cintend\u201d, \u201cmay\u201d, \u201cmight\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201cwill\u201d, \u201cunderstand\u201d and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding the benefits of Humio\u2019s technology to CrowdStrike and its customers. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including the risk that problems may arise in integrating Humio\u2019s business and technology.\n<\/p>\n<p>\nAdditional risks and uncertainties that could affect the forward-looking statements in this press release are included under the captions \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d set forth from time to time in our filings and reports with the Securities and Exchange Commission (\u201cSEC\u201d), including our Quarterly Report on Form 10-Q for the quarter ended October 31, 2020.\n<\/p>\n<p>\nYou should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.\n<\/p>\n<p><b>About CrowdStrike Holdings<\/b><\/p>\n<p>\nCrowdStrike provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon\u00ae platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise.\n<\/p>\n<p>\n\u00a9 2021 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon\u00ae are among the trademarks of CrowdStrike, Inc.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210305005580r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210305005580\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210305005580\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>CrowdStrike Holdings, Inc.<br \/>\n<br \/>Ilina Cashiola<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Ilina.cashiola@crowdstrike.com\">Ilina.cashiola@crowdstrike.com<br \/>\n<\/a><br \/>202-340-0517<\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>CrowdStrike Holdings, Inc.<br \/>\n<br \/>Maria Riley<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@crowdstrike.com\">investors@crowdstrike.com<br \/>\n<\/a><br \/>669-721-0742\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Networks Internet Security Data Management Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210305005580\/en\/821165\/3\/CS_Logos_2020_InlineRed.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CrowdStrike Completes Acquisition of Humio SUNNYVALE, Calif.&#8211;(BUSINESS WIRE)&#8211;CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and cloud workload protection, today announced it has completed its acquisition of Humio, a leading provider of high-performance cloud log management and observability technology. \u201cWe are excited to welcome the Humio team to CrowdStrike as we join forces to stop breaches, advance our Security Cloud, and extend our ability to address non-security use cases,\u201d said George Kurtz, co-founder and chief executive officer of CrowdStrike. \u201cHumio will enhance CrowdStrike\u2019s ability to solve real-world customer problems with its cloud-native platform by adding index-free data ingestion and analysis capabilities for both first- and third-party data. With the acquisition of Humio, we are accelerating our XDR capabilities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/crowdstrike-completes-acquisition-of-humio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CrowdStrike Completes Acquisition of Humio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452032","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CrowdStrike Completes Acquisition of Humio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/crowdstrike-completes-acquisition-of-humio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CrowdStrike Completes Acquisition of Humio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CrowdStrike Completes Acquisition of Humio SUNNYVALE, Calif.&#8211;(BUSINESS WIRE)&#8211;CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and cloud workload protection, today announced it has completed its acquisition of Humio, a leading provider of high-performance cloud log management and observability technology. \u201cWe are excited to welcome the Humio team to CrowdStrike as we join forces to stop breaches, advance our Security Cloud, and extend our ability to address non-security use cases,\u201d said George Kurtz, co-founder and chief executive officer of CrowdStrike. \u201cHumio will enhance CrowdStrike\u2019s ability to solve real-world customer problems with its cloud-native platform by adding index-free data ingestion and analysis capabilities for both first- and third-party data. 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(Nasdaq: CRWD), a leader in cloud-delivered endpoint and cloud workload protection, today announced it has completed its acquisition of Humio, a leading provider of high-performance cloud log management and observability technology. \u201cWe are excited to welcome the Humio team to CrowdStrike as we join forces to stop breaches, advance our Security Cloud, and extend our ability to address non-security use cases,\u201d said George Kurtz, co-founder and chief executive officer of CrowdStrike. \u201cHumio will enhance CrowdStrike\u2019s ability to solve real-world customer problems with its cloud-native platform by adding index-free data ingestion and analysis capabilities for both first- and third-party data. 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