Welcome to our dedicated page for CrowdStrike Holdings news (Ticker: CRWD), a resource for investors and traders seeking the latest updates and insights on CrowdStrike Holdings stock.
CrowdStrike Holdings, Inc. (symbol: CRWD) is a premier player in the field of cloud-delivered cybersecurity solutions. Founded in 2011 and headquartered in Texas, CrowdStrike has distinguished itself by offering next-generation endpoint protection. The company's flagship product, the Falcon platform, provides a comprehensive, single-pane-of-glass view for enterprises to detect and respond to security threats effectively.
CrowdStrike has revolutionized cybersecurity by being the first and only company to unify next-generation antivirus (AV), endpoint detection and response (EDR), and a 24/7 managed hunting service—all through a single lightweight agent. This trifecta of services ensures robust protection against sophisticated threats and breaches.
The company boasts a diverse clientele that includes three of the 10 largest global companies by revenue, five of the top 10 financial institutions, three of the top 10 healthcare providers, and three of the top 10 energy companies. These partnerships attest to CrowdStrike's reliability and efficacy in the cybersecurity domain.
In 2019, CrowdStrike went public, marking a significant milestone in its journey. Since then, the company has continued to expand its offerings and improve its Falcon platform with cutting-edge features and capabilities. CrowdStrike's financial performance has reflected its growth trajectory, showing strong revenue growth and increased market adoption.
Explore more about CrowdStrike's innovations, partnerships, and services by visiting their official website or following them on Twitter. Stay updated with the latest developments through their blog.
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has completed the acquisition of Humio, a cloud log management provider, for approximately $392 million, which includes $352 million in cash and $40 million in stock and options. This strategic move aims to enhance CrowdStrike’s cloud security capabilities and improve data ingestion and analysis for customers. The integration of Humio is expected to accelerate the development of CrowdStrike’s XDR capabilities and redefine industry standards.
CrowdStrike announces enhancements to its Falcon® platform that improve SOC efficiency, empowering security teams to prioritize against cyber threats. New features include automated notification workflows and Real Time Response (RTR) capabilities, which streamline incident responses. The upgrades offer UI improvements and enable SOCs to visualize detections linked to incidents. CrowdStrike aims to minimize alert fatigue through automation and tailored notifications, enhancing security operations and response times. These developments align with the 1/10/60 response rule for effective threat management.
CrowdStrike has expanded its Cloud Security Posture Management (CSPM) and Cloud Workload Protection (CWP) for the Falcon platform, enhancing security for cloud workloads and applications throughout their lifecycle. The new capabilities target vulnerabilities in multi-cloud environments, ensuring compliance and visibility for Azure Active Directory. Additionally, the advanced CWP features provide comprehensive container security, identifying threats early and during runtime. With increased adoption of cloud technologies predicted by Gartner, CrowdStrike aims to offer robust security solutions that support DevSecOps without hindering production cycles.
CrowdStrike has released the 2021 Global Threat Report, revealing critical insights into the cybersecurity landscape, including the rise of supply chain attacks, ransomware, and nation-state threats. The report highlights that eCrime attacks accounted for 79% of all intrusions. Key findings include a projected increase in attacks on the healthcare sector and a focus by China on supply chain compromises. CrowdStrike has also introduced an eCrime index to capture the evolving cybercriminal market.
CrowdStrike (Nasdaq: CRWD) has announced its acquisition of Humio for approximately $400 million, aimed at enhancing its eXtended Detection and Response (XDR) capabilities. The acquisition is expected to close in CrowdStrike's fiscal first quarter, pending customary conditions. This move will allow CrowdStrike to integrate Humio’s advanced log management technology, enabling deeper analytics and real-time protection. It highlights CrowdStrike's commitment to providing comprehensive security solutions by improving data ingestion and operational efficiency.
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will release its financial results for the fourth quarter and fiscal year 2021, ending January 31, 2021, after U.S. market close on March 16, 2021. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss these results. Investors can access the financial results press release and listen to the call live via the CrowdStrike website. A telephonic replay will be available until March 23, 2021, and an audio webcast will be accessible for one year.
CrowdStrike Holdings has priced an offering of $750 million in senior notes due 2029. The offering, expected to close on January 20, 2021, will yield approximately $740.6 million net proceeds for general corporate purposes, including acquisitions and capital expenditures. The notes carry a semi-annual interest rate of 3.000% and are guaranteed by CrowdStrike's subsidiaries. J.P. Morgan and other major banks are the lead bookrunners. The press release includes forward-looking statements subject to risks and uncertainties, including market conditions.
CrowdStrike (Nasdaq: CRWD) plans to offer $750 million in senior notes due 2029, registered under the Securities Act of 1933. The offering will be backed by a subsidiary and will rank equally with existing senior debt. Proceeds are intended for general corporate purposes, including acquisitions and capital expenditures. The offering is managed by J.P. Morgan, Barclays, BofA Securities, Citigroup, and Goldman Sachs as lead bookrunners. The offering will only be made via a prospectus supplement and registration statement filed with the SEC.
CrowdStrike Holdings (Nasdaq: CRWD) announced its participation in two upcoming virtual investor conferences. The Goldman Sachs Technology and Internet Conference will take place on January 12, 2021, at 8:20 a.m. PST. This will be followed by the 23rd Annual Needham Virtual Growth Conference on January 14, 2021, at 9:30 a.m. PST. Both presentations will be available via webcast on their investor relations website.
CrowdStrike specializes in cloud-delivered endpoint and cloud workload protection, utilizing AI to defend against cyberattacks.
FAQ
What is the current stock price of CrowdStrike Holdings (CRWD)?
What is the market cap of CrowdStrike Holdings (CRWD)?
What is CrowdStrike Holdings, Inc. known for?
When was CrowdStrike founded and when did it go public?
What is the Falcon platform?
Who are some of CrowdStrike’s major clients?
How does CrowdStrike deliver its services?
Where can I find more information about CrowdStrike?
What industries trust CrowdStrike for their cybersecurity needs?
What makes CrowdStrike’s endpoint protection unique?
How does CrowdStrike help in stopping breaches?
What recent achievements has CrowdStrike made?
