#FalconPlatform

CrowdStrike to Acquire Adaptive Shield in Reported $300 Million Deal

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November 6, 2024 at 08:36AM CrowdStrike is acquiring Israeli SaaS security company Adaptive Shield for approximately $300 million. This acquisition aims to enhance the capabilities of its Falcon cybersecurity platform. **Meeting Takeaways:** 1. **Acquisition Announcement**: CrowdStrike is acquiring Adaptive Shield, an Israeli SaaS security firm. 2. **Purpose of Acquisition**: The acquisition aims to enhance the … Read more

CrowdStrike sued by investors over massive global IT outage

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August 2, 2024 at 10:34AM Investors have filed a lawsuit against cybersecurity firm CrowdStrike, alleging false claims about its Falcon platform. A faulty security update resulted in a significant global IT outage, leading to a 38% drop in stock price. Based on the meeting notes, the key takeaway is that cybersecurity company CrowdStrike is facing … Read more