SUNNYVALE, Calif .– (BUSINESS WIRE) –CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a pacesetter in endpoint safety and cloud workloads, in the present day introduced that it has accomplished the acquisition of Humio, a number one supplier of cloud log administration and observability applied sciences excessive efficiency.

“We’re delighted to welcome the Humio group to CrowdStrike as we be a part of forces to cease breaches, advance our safety cloud, and increase our capacity to deal with non-security use instances, ”stated stated George Kurtz, co-founder and CEO of CrowdStrike. “Humio will improve CrowdStrike’s capacity to resolve real-world buyer issues with its cloud-native platform by including non-indexed knowledge ingestion and evaluation capabilities for each proprietary and third-party knowledge. With the acquisition of Humio, we’re accelerating our XDR capabilities to cloud pace, redefining the trade normal for contemporary XDR. ”

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 many key workers who’ve joined CrowdStrike. CrowdStrike paid roughly $ 352 million in money (internet of money acquired) and $ 40 million in shares and choices, topic to vesting situations, to amass Humio.

Ahead-looking statements

This press launch accommodates forward-looking statements throughout the which means of Part 21E of the Securities Trade Act of 1934. Phrases akin to “anticipate”, “consider”, “proceed”, “would possibly”, “estimate”, “anticipate” , “Hope”, “intend”, “could”, “might”, “ought to”, “would”, “will”, “perceive” and related phrases are supposed to establish forward-looking statements. These forward-looking statements embrace, however usually are not restricted to, statements relating to the advantages of Humio expertise to CrowdStrike and its prospects. There are a selection of serious components that might trigger precise outcomes to vary materially from statements made on this press launch, together with the danger that issues could come up with the combination of Humio’s enterprise and expertise. .

Further dangers and uncertainties which will have an effect on forward-looking statements on this press launch are included underneath the headings “Threat Elements” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations “set forth infrequently in our paperwork and reviews to the Securities and Trade Fee (” SEC “), together with our quarterly report on Type 10-Q for the quarter ended October 31, 2020.

You shouldn’t depend on these forward-looking statements as precise outcomes could differ materially from these contemplated by such forward-looking statements resulting from these dangers and uncertainties. All forward-looking statements contained on this press launch are based mostly on info accessible to us as of the date hereof, and we assume no obligation to replace any forward-looking statements offered to replicate occasions that happen or circumstances that happen. exist after the date of which they had been made.

About CrowdStrike Holdings

CrowdStrike offers endpoint and workload safety within the cloud. Leveraging synthetic intelligence (AI), the CrowdStrike Falcon® platform protects prospects towards cyber assaults on endpoints and workloads on or off the community by offering visibility and safety throughout the enterprise.

© 2021 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon® are among the many registered logos of CrowdStrike, Inc.

Contacts

Media
CrowdStrike Holdings, Inc.

Ilina Cashiola

[email protected]
202-340-0517

Investor Relations
CrowdStrike Holdings, Inc.

Maria riley

[email protected]
669-721-0742