CrowdStrike to Acquire Adaptive Shield for $300 Million, Boosting Cloud Security

CrowdStrike has announced plans to acquire Adaptive Shield for approximately $300 million, aiming to enhance its cybersecurity offerings focused on cloud application security. Adaptive Shield specializes in securing SaaS applications, and its integration into CrowdStrike's platform is expected to improve visibility and control over cloud security configurations. This acquisition responds to the increasing demand for comprehensive security solutions as organizations adopt cloud technologies and face growing cyber threats. By incorporating Adaptive Shield’s capabilities, CrowdStrike intends to strengthen its position in the evolving cybersecurity landscape and better protect sensitive data and applications for its clients.

Opens on SecurityWeek