News

CrowdStrike to Acquire Identity Security Firm SGNL for $740 Million

Key Takeaways

  • CrowdStrike is acquiring identity security firm SGNL for $740 million to enhance its capabilities in continuous, real-time access control for both human and AI identities.
  • The acquisition expands the Falcon platform’s identity security capabilities, enabling dynamic authorization across SaaS and cloud environments to address risks posed by autonomous AI agents and non-human identities.
  • This move is part of CrowdStrike’s broader platform strategy, following a series of acquisitions in 2025 aimed at building a comprehensive, cloud-native cybersecurity suite.
  • The identity security market is rapidly growing, projected by IDC to nearly double from $29 billion in 2025 to $56 billion by 2029, as enterprises shift cybersecurity investments to address insider threats and AI-driven access challenges.

AI-based cybersecurity firm CrowdStrike has signed a definitive agreement to acquire identity security company SGNL in a deal valued at approximately $740 million, the company said Thursday.

The acquisition is aimed at expanding CrowdStrike's presence in the fast-growing identity security market, which research firm IDC estimates will grow from $29 billion in 2025 to $56 billion by 2029. SGNL specializes in Continuous Identity, a technology that enables real-time access management for human users, non-human identities (NHIs), and AI agents.

"With SGNL, CrowdStrike will deliver continuous, real-time access control that eliminates the known and unknown gaps from legacy standing privileges," said George Kurtz, CrowdStrike CEO and founder, in a statement. "We're disrupting the premise of modern privilege and access — for every identity, human or machine."

CrowdStrike said the integration of SGNL's technology will enhance its Falcon platform by extending dynamic authorization across SaaS and hyperscaler cloud environments. The company is positioning the acquisition as a response to the rising need to manage privileged access for autonomous AI agents, which it says operate at "superhuman speed" and create new security risks that traditional access control models are ill-equipped to manage.

The announcement is the latest in a series of acquisitions by CrowdStrike as it builds out its cloud-native cybersecurity platform. In 2025, the company acquired Onum Security, a telemetry management provider, and Pangea Cyber, an AI security firm, for $260 million. Previous acquisitions include Flow Security, SecureCircle, Preempt, Humio, Bionic, and Reposify.

CrowdStrike faces competition in the identity security sector from firms such as Okta and CyberArk. The company is expanding beyond its core endpoint-protection market, where it competes with Microsoft, by offering a broader suite of cloud-based threat-detection tools.

Shares of CrowdStrike fell more than 2% to $467.67 on the Nasdaq following the announcement. Despite a strong first half in 2025, the stock retreated later in the year but remains up 37% over the past 12 months. According to IBD Stock Checkup, the stock holds a Composite Rating of 82 and an Accumulation/Distribution Rating of C-plus, indicating more institutional selling than buying in recent weeks.

The deal underscores continued consolidation in the cybersecurity sector. In 2025, Google parent Alphabet acquired Wiz for $32 billion, while Palo Alto Networks announced a $25 billion deal to buy CyberArk.

CrowdStrike did not disclose a closing date for the SGNL transaction.

About the Author

John K. Waters is the editor in chief of a number of Converge360.com sites, with a focus on high-end development, AI and future tech. He's been writing about cutting-edge technologies and culture of Silicon Valley for more than two decades, and he's written more than a dozen books. He also co-scripted the documentary film Silicon Valley: A 100 Year Renaissance, which aired on PBS.  He can be reached at [email protected].

Featured