George Kurtz, CEO, CrowdStrike, speaking during Web Summit 2018 at the Altice Arena in Lisbon, Portugal. (Photo by Seb Daly/Web Summit via Sportsfile/CC by 2.0)

CrowdStrike, one of the largest and most widely known companies in threat intelligence, announced its intention to acquire log management startup Humio for $400 million.

The acquisition gives CrowdStrike a ready-made, multitenant analytics platform that can ingest and connect log data across different applications and threat feeds to pair with Falcon, its Extended Detection and Response platform. The purchase will officially close sometime in Q1 of this year.

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