CrowdStrike partners with Orange Cyberdefense

Published 25/02/2025, 14:14
© Reuters

PARIS - CrowdStrike Holdings, Inc. (NASDAQ: NASDAQ:CRWD), a leader in cloud-delivered endpoint and cloud workload protection with a market capitalization of $96.6 billion and impressive revenue growth of 31% year-over-year, has announced a strategic partnership with Orange Cyberdefense to enhance the latter’s Security Operations Center-as-a-Service (SOCaaS) and Managed Detection and Response (MDR) offerings. According to InvestingPro analysis, the company maintains strong financial health with liquid assets exceeding short-term obligations. The collaboration will integrate the CrowdStrike Falcon platform to deliver advanced AI-native cybersecurity to protect customers, particularly targeting small and medium-sized businesses (SMBs) and Small Office/Home Office (SOHO) segments in Europe and North Africa.

The partnership comes at a time when cyberattacks are accelerating, with breakout times now down to minutes, and SMBs constituting over two-thirds of cyber extortion victims. The integration of CrowdStrike Falcon aims to address the cybersecurity skills gap and operational challenges posed by disparate point products. The platform provides comprehensive protection across endpoints, identity, cloud, and data from a unified source, promising to streamline the security infrastructure.

Orange Cyberdefense, leveraging the CrowdStrike Falcon platform, will enhance its ability to deliver localized and comprehensive managed security services to prevent breaches. This move signifies the growing market position of CrowdStrike as a preferred partner for security-focused customers and organizations. While InvestingPro data suggests the stock is trading above its Fair Value, analysts remain optimistic with additional ProTips and detailed insights available through the platform’s comprehensive Pro Research Report, one of 1,400+ deep-dive analyses available to subscribers.

Daniel Bernard, Chief Business Officer at CrowdStrike, emphasized the company’s leadership in the market and expressed enthusiasm about expanding global reach through the partnership with Orange Cyberdefense. Alexandre Nasrinfar, Chief Revenue Officer at Orange Cyberdefense, also highlighted the strengthened cybersecurity support capabilities for businesses as a result of deepening their partnership with CrowdStrike.

CrowdStrike’s AI-powered Security Cloud and the Falcon platform are known for their advanced threat intelligence, real-time indicators of attack, and enriched telemetry, contributing to accurate detections and efficient remediation. The Falcon platform’s lightweight-agent architecture promises rapid deployment, superior protection, and reduced complexity for enterprises.

This partnership is based on a press release statement and reflects the ongoing efforts by cybersecurity providers to consolidate security solutions and deliver effective protection against the evolving landscape of cyber threats. With CrowdStrike’s next earnings report due on March 4th and analysts forecasting continued profitability growth, investors can access detailed financial analysis and more exclusive insights through InvestingPro’s extensive coverage of the cybersecurity sector.

In other recent news, CrowdStrike Holdings has announced the launch of Charlotte AI Detection Triage, an artificial intelligence system designed to improve security operations. The system promises to enhance accuracy in triaging security threats, potentially reducing manual workload for security teams by over 40 hours per week. This development follows TD Cowen’s decision to raise CrowdStrike’s stock price target to $450, maintaining a Buy rating based on the company’s strong revenue growth and retention rates. Similarly, Stifel analysts have increased their price target to $474, citing improved growth and market confidence.

Meanwhile, CrowdStrike is under investigation by the DOJ and SEC regarding a $32 million transaction with Carahsoft Technology Corp, which involved the IRS but did not result in a purchase. The outcome of this probe could have significant implications for the company’s financial reporting. In another corporate update, Chief Security Officer Shawn Henry announced his retirement, effective March 31, 2025, transitioning to an advisory role. These developments come as CrowdStrike continues to navigate industry challenges while maintaining a focus on innovation and growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.