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CrowdStrike to buy ID security firm SGNL for $740 million

Cloud-based security company CrowdStrike will acquire identity management startup SGNL for $740 million, CNBC reported on Wednesday. CrowdStrike said the deal will allow users of its Falcon cloud security platform to manage access requests from people and AI more effectively. The transaction is expected to close in the first quarter of fiscal 2027. CEO George Kurtz said the deal offers a chance to innovate in the identity market while providing strong protection.