Dell is celebrating an exit as Humio agreed to a $400m acquisition by CrowdStrike, less than a year after Dell led a $20m series B round for the cybersecurity company.
US-based log management software developer Humio agreed to a $400m acquisition by cloud workload protection software producer CrowdStrike yesterday, providing an exit to computer manufacturer Dell.
CrowdStrike will pay the $400m primarily in cash, with a portion in the form of rollover equity awards in exchange for unvested Humio equity. The acquisition is expected to close in CrowdStrike’s first fiscal quarter of 2022 and is subject to customary conditions.
Founded in 2016, Humio has developed a cloud-based log management platform…
