CrowdStrike to Acquire Adaptive Shield in Reported $300 Million Deal

CrowdStrike is acquiring Israeli SaaS security firm Adaptive Shield to boost the capabilities of its Falcon cybersecurity platform.

Cybersecurity giant CrowdStrike on Wednesday announced plans to acquire Israel-based SaaS security company Adaptive Shield.

Adaptive Shield provides comprehensive SaaS security posture management, enabling organizations to gain full visibility into misconfigurations, human and non-human identities, and data exposures across over 150 applications.

The company also provides continuous monitoring of gen-AI SaaS applications, enabling customers to enforce security standards, control AI settings to prevent data leakage, and identify shadow AI applications.

CrowdStrike plans on integrating Adaptive Shield technology into its Falcon platform.

“The powerful combination of Adaptive Shield and CrowdStrike Falcon Identity Protection will provide customers with comprehensive identity protection across SaaS, on-premises Active Directory and cloud-based environments (Okta and Microsoft Entra ID),” CrowdStrike said.

“CrowdStrike Falcon Cloud Security customers will also gain unified visibility and protection across the entire modern cloud estate ...