CrowdStrike Acquires Bionic

September 19, 2023

CrowdStrike has agreed to acquire Bionic, an Application Security Posture Management (ASPM) pioneer, to extend its Falcon Cloud Security / CNAPP offering and deliver code-to-runtime cloud security in a unified platform. The purchase price is expected to be paid predominantly in cash with a portion in stock and options; the deal is expected to close in CrowdStrike's fiscal third quarter subject to customary conditions.

Buyers
CrowdStrike
Targets
Bionic
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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