CrowdStrike Acquires Onum In 290 Million Deal

For George Kurtz, CEO and cofounder of CrowdStrike, cybersecurity is not just about software. “What we do at CrowdStrike is as old as time,” he told Fortune. “It’s good versus evil. It’s a human nature story embodied in technology.”

That human-versus-machine battle has only become more urgent. The rise of generative AI has expanded both the number of cyber threats and the sophistication of cybercriminals. Against this backdrop, mergers and acquisitions, a defining feature of the cybersecurity sector carry more weight than ever. 2025 has already seen some of the industry’s largest deals, including Palo Alto Networks’ $25 billion purchase of CyberArk and Google’s proposed $32 billion takeover of Wiz.

CrowdStrike, which went public in 2019, is no stranger to M&A. On Thursday, it announced a $290 million acquisition of Madrid-based data observability startup Onum, alongside its fiscal Q2 2025 earnings. The company beat expectations but issued a softer-than-expected revenue outlook, sending its shares down about 4% in after-hours trading.

Speaking exclusively with Fortune, Kurtz emphasized that CrowdStrike’s strategy is rooted in discipline. “We like to get things at the right stage,” he said. “When you look at some of these other acquisitions, like CyberArk, you’re talking about a 20-year-old technology company with a lot of integration risk. These are big companies, and I’ve seen the movie before. When I was at McAfee, we acquired 21 companies, and never quite got them integrated… So, when it comes down to it, we’re maniacally focused on the customer experience, on making sure we’re disciplined enough to get this stuff integrated. We have a great track record of doing that.”