CrowdStrike Targets Next-Gen Identity Protection With SGNL - CrowdStrike Holdings (NASDAQ:CRWD)

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares slipped Thursday after the cybersecurity firm unveiled a planned acquisition tied to identity protection.The company said it will buy SGNL to strengthen its identity security offerings for modern hybrid environments.Under the agreement, CrowdStrike will pay mostly cash with some stock to acquire SGNL's technology and team. However, the firm did not disclose any other terms of the deal.The purchase is designed to enhance CrowdStrike's real-time authorization an ...