CrowdStrike exec refutes Action1 acquisition reports

Cybersecurity firm CrowdStrike and patch management vendor Action1 are disputing reports of potential acquisition talks. An anonymous tip suggested CrowdStrike was considering acquiring Action1 for $1bn. Following media reports, Action1 announced it intended to stay founder-led, citing “customer trust”. CrowdStrike denied the claim, stating the report was based off a single exploratory call. Action1 is now publicly disputing CrowdStrike’s version of events while engaging in legal discussions.