'Source: Crowdstrike Is Close To Acquiring Bionic.AI For Between $200M And $300M' - TechCrunch
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Cybersecurity firm Crowdstrike is reportedly in advanced negotiations to acquire Bionic.AI, a security posture management platform for cloud services, for between $200 million and $300 million. Bionic.AI, headquartered in Palo Alto with roots in Israel, has raised $82 million to date. Crowdstrike has been an active M&A player in Israel, having recently acquired Reposify. However, Microsoft has also been looking at Bionic.AI, which could potentially delay or derail the deal.
July 26, 2023 | 3:57 pm
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Crowdstrike is in advanced negotiations to acquire Bionic.AI. This acquisition could enhance Crowdstrike's security posture management capabilities, but the deal could be delayed or derailed by Microsoft's interest in Bionic.AI.
The acquisition of Bionic.AI could enhance Crowdstrike's security posture management capabilities, which is a positive development for the company. However, the potential interest from Microsoft could delay or derail the deal, introducing uncertainty.
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