CrowdStrike (CRWD) Acquires SGNL For $740M To Support Identity Security Against AI-Powered Threats

CrowdStrike Holdings Inc. (NASDAQ:CRWD) is one of the stocks that should double by 2030. On January 9, CrowdStrike announced a $740 million deal to acquire identity security startup SGNL to strengthen its cybersecurity portfolio against AI-powered threats. The acquisition focuses on SGNL’s continuous identity technology, which performs real-time evaluations to prevent hackers from exploiting user identities. This strategy addresses the growing risk associated with autonomous AI agents and machine identit ...