The CrowdStrike-Humio Deal: George Kurtz’s 10 Boldest Remarks
From CrowdStrike’s push beyond security to its strategy around acquisitions to why it expects to beat archrival SentinelOne in the emerging XDR market, here are CEO George Kurtz’s 10 boldest remarks on the Humio deal.
Upping The Ante
CrowdStrike made its second acquisition in five months Thursday, agreeing to scoop up log management startup Humio for $400 million in an effort to become the market leader in Extended Detection and Response (XDR). The deal will make it easier for CrowdStrike to ingest other third-party data through index-free logging and get actionable insight at scale rather than another needle in a needle stack.
Co-Founder and CEO George Kurtz spoke to CRN about why CrowdStrike is well-positioned to compete and win against archrival SentinelOne in the XDR space, which just announced the $155 million purchase of Scalyr last week.
Kurtz said SentinelOne would have loved to have Humio and ended up with something in Scalyr that doesn’t have the same scale and technology. SentinelOne CEO Tomer Weingarten fired back, telling CRN that SentinelOne actually passed on Humio since Scalyr offered superior technology and a better cultural fit.
Kurtz also dished on CrowdStrike’s strategy around acquisitions, the company’s push beyond security into other areas of IT, and what stood out to him most about Humio’s team. From CrowdStrike’s integration and channel strategy with Humio to what made Humio stand out from its competitors, here are Kurtz’s 10 boldest remarks on the CrowdStrike-Humio deal.