Home Just In CrowdStrike acquires log data analysis startup Humio for $400 million

CrowdStrike acquires log data analysis startup Humio for $400 million

by CIO AXIS

CrowdStrike has agreed to acquire Humio, a leading provider of high-performance cloud log management and observability technology. Under the terms of the agreement, CrowdStrike will pay approximately $400 million to acquire Humio, subject to adjustments.

The acquisition is expected to close during CrowdStrike’s fiscal first quarter, subject to customary closing conditions.

With this acquisition, CrowdStrike will further expand its eXtended Detection and Response (XDR) capabilities by ingesting and correlating data from any log, application or feed to deliver actionable insights and real-time protection.

“The combination of real-time analytics and smart filtering built into CrowdStrike’s proprietary Threat Graph and Humio’s blazing-fast log management and index-free data ingestion dramatically accelerates our XDR capabilities beyond anything the market has seen to date,” said George Kurtz, co-founder and chief executive officer of CrowdStrike.

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