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CrowdStrike in Advanced Talks to Acquire Israeli Cyber Firm Orion Security for $500 Million
American cybersecurity firm CrowdStrike is in advanced talks to acquire Israeli company Orion Security for an estimated $500 million. Orion Security, founded in 2024, has developed an AI-driven platform for protecting sensitive data. The deal is not yet finalized, and the outcome remains uncertain.
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What happened
- 01CrowdStrike is in advanced talks to acquire Israeli cyber firm Orion Security for approximately $500 million.
- 02Orion Security developed an AI-powered platform to autonomously protect sensitive organizational data.
- 03The potential deal is not yet finalized, with no certainty of completion.
- 04Orion Security was founded in 2024 and has raised a total of $38 million in funding.
- 05The company's latest funding round in February 2024 secured $32 million.
- 06Orion Security's platform aims to improve upon traditional Data Loss Prevention systems using AI.
The company had previously raised $38 million, with its latest funding round in February 2024 totaling $32 million.
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