- Acquisition of SGNL would enable CrowdStrike to strengthen its identity management
- Non-human and agentic identities require a new ongoing management strategy
- CrowdStrike threatens to “[disrupt] the premise of modern privilege and access”
CrowdStrike has confirmed it will acquire identity security startup SGNL for approximately $740 million in a mostly cash transaction, subject to regulatory approval.
SGNL would help CrowdStrike strengthen its protection against AI-based cyber threats, CrowdStrike explained, by enabling access to human, non-human and AI identities.
This comes as IDC expects the identity security market to nearly double from $29 billion in 2025 to $56 billion by 2029, all against the backdrop of a growing workforce that is forcing security companies to rethink identity management.
CrowdStrike to acquire SGNL to improve identity management
“AI agents operate with superhuman speed and access, making each agent a privileged identity that must be protected,” explained George Kurtz, CEI of CrowdStrike. “We’re disrupting modern privilege and access – for every identity, human or machine. This is identity security designed for the AI era.”
This next-generation principle would be based on real-time access control rather than static and permanent privileges. SGNL already continuously evaluates user identity and behavior/risk signals.
“The world needs our technology to eradicate the significant risk that existing privileges expose in today’s and tomorrow’s environments,” added Scott Kriz, CEO of SGNL. “Joining CrowdStrike gives us native global scale with the leading cybersecurity platform to transform enterprise security. »
Despite the CrowdStrike incident in 2024 affecting stock prices, they continued to climb, as did the company’s revenue, which rose by almost a third in its last full fiscal year.
The deal is expected to close in the first quarter of Crowdstrike’s 2027 fiscal year, or the end of April 2026. SGNL’s staff is expected to be retained under the startup’s new ownership, so there will be no layoffs associated with the trade.
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