CrowdStrike announced it has signed a definitive agreement to acquire SGNL, positioning the deal as a step to expand its Falcon Next-Gen Identity Security offering with continuous, real-time authorization that can grant and revoke access based on changing risk signals. The deal size was undisclosed, but sources with CNBC reported it was for $740 million.
CrowdStrike said the combination is aimed at securing human users, non-human identities, and AI agents that increasingly operate with high levels of privilege across SaaS applications and hyperscaler cloud environments. CrowdStrike plans to use SGNL as a runtime access enforcement layer that sits between identity providers and the resources those identities access, enabling dynamic decisions to grant, deny, or revoke access as risk conditions shift.
CrowdStrike said Falcon Next-Gen Identity Security already spans initial access prevention, privileged access management, identity threat detection and response, SaaS identity security, and protections for agentic identities. By adding SGNL, the company said it will extend just-in-time and dynamic authorization beyond traditional directories to additional cloud identity and SaaS systems, while also supporting downstream enforcement tied to Continuous Access Evaluation Protocol signals and automated response workflows.
The company cited IDC estimates that the identity security market could grow from roughly $29 billion in 2025 to $56 billion by 2029, framing the acquisition as a bid to lead in what it described as one of cybersecurity’s fastest-growing segments.
CrowdStrike said the purchase price is expected to be paid predominantly in cash, with a portion in stock subject to vesting conditions. The transaction is expected to close during CrowdStrike’s first quarter of fiscal year 2027, subject to customary conditions, including regulatory clearances.
KEY QUOTES:
“AI agents operate with superhuman speed and access, making every agent a privileged identity that must be protected. With SGNL, CrowdStrike will deliver continuous, real-time access control that eliminates the known and unknown gaps from legacy standing privileges. We’re disrupting the premise of modern privilege and access – for every identity, human or machine. This is identity security built for the AI era.”
George Kurtz, CEO and Founder, CrowdStrike
“SGNL was founded to connect access decisions with business reality. The world needs our technology to eradicate the significant risk that legacy standing privileges expose in today and tomorrow’s environments. Joining CrowdStrike provides us with global scale natively through cybersecurity’s leading platform to transform enterprise security with Continuous Identity, furthering CrowdStrike’s mission of stopping breaches.”
Scott Kriz, CEO and Co-Founder, SGNL
