CrowdStrike, a leading cybersecurity solution provider, has recently announced the acquisition of Bionic, a developer of Application Security Posture Management (ASPM) tools. This strategic move by CrowdStrike aims to strengthen their Cloud Native Application Protection Platform (CNAPP) by integrating Bionic’s technology, enabling better risk assessment and prevention of cloud infrastructure and application vulnerabilities.
The financial details of this deal have not been disclosed, but according to sources, it is estimated to be around $350 million, as reported by TechCrunch. With this acquisition, CrowdStrike intends to become the first company to offer end-to-end cloud-based security solutions, covering the entire code-to-runtime spectrum, all within a single platform.
TLDR: CrowdStrike has acquired Bionic, a developer of Application Security Posture Management tools, to enhance their Cloud Native Application Protection Platform. This acquisition solidifies CrowdStrike’s position as a leading provider of comprehensive cloud-based security solutions, covering the entire code-to-runtime spectrum.
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