CrowdStrike (CRWD) announced it has signed a definitive agreement to acquire Seraphic Security. The purchase price is contemplated to be paid predominantly in cash and includes a portion to be delivered in the form of stock subject to vesting conditions. The proposed acquisition is expected to close during CrowdStrike’s first quarter of FY’27, subject to customary closing conditions.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWD:
- CrowdStrike price target raised to $610 from $595 at Citi
- Midday Fly By: Alphabet hits $4T market cap, Walmart to join Nasdaq-100
- CrowdStrike, Nord Security partner for SMB cybersecurity
- Netflix initiated, Palantir upgraded: Wall Street’s top analyst calls
- CrowdStrike downgraded to Sector Weight from Overweight at KeyBanc