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In February 2021, the company acquired Danish log management platform Humio for $400 million with plans to integrate Humio's log aggregation into CrowdStrike's XDR offering. [34] Later that November, CrowdStrike acquired SecureCircle, a SaaS-based cybersecurity service that extends zero trust endpoint security to include data. [ 35 ]
Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries ...
Outages were experienced worldwide, [2] [39] [40] reflecting the wide use of Microsoft Windows and CrowdStrike software by global corporations in numerous business sectors. [41] At the time of the incident, CrowdStrike said it had more than 24,000 customers, [42] including nearly 60% of Fortune 500 companies and more than half of the Fortune 1000.
Data by YCharts. CrowdStrike's P/E ratio is about 10x higher than Palo Alto Networks', even after its share price dropped due to the July 19 outage. This indicates Palo Alto Networks' stock is a ...
In a letter sent Thursday to CrowdStrike’s attorneys written by Delta’s high-powered lawyer, David Boies, the airline lashed out at the cybersecurity company, which has apologized for ...
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George Kurtz (born May 5, 1965) is an American businessman. He is the CEO of the cybersecurity company CrowdStrike, which he co-founded with Dmitri Alperovitch.. In 2024, his company CrowdStrike crashed millions of Windows computers around the world, causing billions of dollars in economic losses in what has been called the largest outage in the history of information technology.
It was trading at a price-to-sales (P/S) ratio of more than 100 then, which was unsustainable, but it's now at a more reasonable 8.2. In fact, that looks like a bargain compared to CrowdStrike's P ...