CrowdStrike exec refutes Action1 acquisition reports | TechTarget

Acquisitions

Summary

The alleged employee shared an internal email from CEO and co-founder Alex Vovk stating, "In light of the rumors inside the company, I would like to confirm that CrowdStrike is interested in acquiring Action1 with an estimated transaction value close to one billion dollars." The entire Action1 team is honored by this level of interest, as it validates our strategy to become a leader in patch management and a key player in the industry. We are deeply grateful to our incredible team and to the many IT professionals who have placed their trust in Action1," Action1 vice president of product strategy Peter Barnett wrote. In a CSO report on Wednesday, Action1 president and co-founder Mike Walters said that "customer trust" was an issue that led his company to walk away from the potential deal, apparently alluding to the recent IT outage caused by a botched CrowdStrike channel file update. Walters also told CSO that Action1 customers expressed disappointment in the acquisition reports, which influenced his companys decision to remain independent.

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Information Technology
applications
AI & Machine learning

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Cybersecurity Software Endpoint Security Cloud Security

Linked Companies

Action1
$1M to $5M