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CrowdStrike acquires Bionic – Cybersecurity Insiders

is a pioneering provider of Application Security Posture Management (ASPM) solutions, and it has recently become an integral part of CrowdStrike’s team. The acquisition of

by CrowdStrike, a leading cybersecurity solutions company, was completed for an estimated $340 million, consisting mostly of cash with a portion in stock.

This strategic move will enhance CrowdStrike’s capabilities in risk visibility and cloud estate protection as it incorporates

‘s ASPM technology into its Cloud Native Application Protection Platform (CNAPP). The integration of these technologies will help address the escalating threats in cloud exploitations and the increasing sophistication of threat actors.

The announcement of this acquisition was made during CrowdStrike’s Falcon Conference 2023, coinciding with the release of its latest financial results. According to CrowdStrike’s 2023 Global Threat Report, incidents of cloud exploitations have tripled in the past year, with an expected exponential growth in the coming years. The use of AI-based tools by threat actors further heightens the alarming nature of the threat landscape.

Despite these increasing threats, the adoption of cloud computing remains steadfast in both corporate and public IT environments due to its numerous advantages. However, it is crucial to strengthen security measures to protect cloud infrastructure effectively.

With the inclusion of

‘s technology, CrowdStrike’s customers will benefit from real-time, frictionless application visibility. They will be able to quickly prioritize vulnerabilities at the application level and gain comprehensive visibility into serverless infrastructure. This integration positions CrowdStrike to effectively tackle the evolving cybersecurity challenges posed by the rapid growth of cloud-based technologies.

Key points:
1. Bionic, a provider of Application Security Posture Management (ASPM) solutions, has been acquired by CrowdStrike for an estimated $340 million.
2. The acquisition strengthens CrowdStrike’s capabilities in risk visibility and cloud estate protection.
3. Cloud exploitations have tripled in the past year, with an expected exponential growth in the future.
4. Threat actors are leveraging AI-based tools to become more sophisticated, making the threat landscape even more alarming.
5. The adoption of cloud computing remains steadfast due to its advantages, but security measures need to be enhanced.
6. With

‘s technology, CrowdStrike’s customers will gain real-time application visibility and comprehensive visibility into serverless infrastructure.
7. The integration positions CrowdStrike to effectively address the evolving cybersecurity challenges of cloud-based technologies.

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