Cybersecurity firm CrowdStrike announced plans to acquire identity security startup SGNL for $740 million. The acquisition aims to enhance CrowdStrike’s capabilities in combating AI threats. The deal is expected to close in the first quarter of 2022. CrowdStrike’s stock rose by 1.5% following the announcement.

Read more at Investing.com: CrowdStrike to buy identity security startup SGNL for $740 million to tackle AI threats