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However, the deal did not send shivers down the spine of Wiz's peer CrowdStrike, Inc. (CRWD). Following a meeting with CrowdStrike CFO Burt Podbere, Jefferies analysts said the company viewed ...
CrowdStrike’s AI-native platform drives 23% ARR growth and deepening adoption across high-growth cybersecurity adjacencies.
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Investor's Business Daily on MSNCrowdStrike Leads Rebound In Cybersecurity Stocks Amid Trump TariffsLed by CrowdStrike, cybersecurity stocks are showing resilience amid a downturn in the technology sector tied to Trump ...
Using these figures as estimates, this implies that Google shelled out between 45 times and 64 times ARR to acquire Wiz. To put this into perspective, let's look at CrowdStrike's financials.
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Google's Wiz acquisition expected to pressure smaller, point-based cyber vendors: analystsproposed $32B acquisition of Israel-based cloud security company Wiz could create pressure for smaller, point-based cyber vendors, but larger firms such as CrowdStrike (NASDAQ:CRWD) and Palo Alto ...
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