CrowdStrike to Acquire Bionic

“AUSTIN, Texas & LAS VEGAS–(BUSINESS WIRE)–Sep. 19, 2023-- Fal.Con 2023CrowdStrike (Nasdaq: CRWD), today announced it has agreed to acquire Bionic, the pioneer of Application Security Posture Management (ASPM). The combination will extend CrowdStrike’s leading Cloud Native Application Protection Platform (CNAPP) with ASPM to deliver comprehensive risk visibility and protection across the entire cloud estate, from cloud infrastructure to the applications and services running inside of them. As a result, CrowdStrike will be the first cybersecurity company to deliver complete code-to-runtime cloud security from one unified platform.

Good? Bad? Thoughts? Seems good to me.

JabbokRiver
CRWD 10.7% position

19 Likes

Good catch, it sure sounds good. I can’t say I even really understand what “code to runtime” means. I can guess but….

I can say that it definitely fits into what all the competitors are saying, that is you need to have a complete solution. The idea of having multiple vendors to cover multiple aspects of cyber security won’t last. Consolidation is coming and a complete offering (whatever that means specifically) will be critical.

Randy
Long CRWD and PANW (and Tickerguide for PANW)

12 Likes