en.wikipedia.org/wiki/CrowdStrike
1 correction found
November 2024: Flow Security ($200 million) and Adaptive Shield ($300 million) (Israeli cloud security startups)
This acquisition entry combines incorrect dates and prices. CrowdStrike’s SEC filings say Flow Security was acquired on March 26, 2024 for about $96.4 million, while Adaptive Shield was acquired on November 20, 2024 for about $213.7 million.
Full reasoning
CrowdStrike’s FY2026 Form 10-K directly contradicts this line.
- Flow Security: CrowdStrike says, "On March 26, 2024, the Company acquired 100% of the equity interest of Flow Security Ltd." The same filing says the total consideration transferred was $96.4 million in cash (net of cash acquired), plus $0.5 million in replacement equity awards attributable to pre-acquisition service. That means the article’s November 2024 timing for Flow Security is wrong, and $200 million is not the amount reported by CrowdStrike.
- Adaptive Shield: The same filing says, "On November 20, 2024, the Company acquired 100% of the equity interest of A.S. Adaptive Shield Ltd." It reports $213.7 million in cash (net of cash acquired), plus $0.7 million in replacement equity awards attributable to pre-acquisition service. That does not match the article’s $300 million figure.
- CrowdStrike’s own March 5, 2024 press release also shows the Flow Security deal was announced in March 2024, reinforcing that listing it under November 2024 is incorrect.
So this bullet is misleading in three separate ways: it puts Flow Security in the wrong month/year bucket, and it overstates the reported deal values for both Flow Security and Adaptive Shield.
2 sources
- Form 10-K for CrowdStrike Holdings, Inc. filed 03/05/2026
Adaptive Shield: "On November 20, 2024 ... The total consideration transferred consisted of $213.7 million in cash..." Flow Security: "On March 26, 2024 ... The total consideration transferred consisted of $96.4 million in cash..."
- CrowdStrike to Acquire Flow Security to Expand Its Cloud Security Leadership with Data Security Posture Management (DSPM)
"AUSTIN, Texas - March 5, 2024 - CrowdStrike ... today announced it has agreed to acquire Flow Security"