CrowdStrike said to target $2B acquisition of Israeli company
Michael Vi         

CrowdStrike (NASDAQ:CRWD) is said to be close to announcing the acquisition of an Israeli company for as much as $2 billion.
CrowdStrike is set to be setting up a large R&D center base on a "huge" acquisition, Globes reported, citing people close to the matter.
CrowdStrike (CRWD) agreed to buy Humio for $400 million in February of last year.
CrowdStrike stock fell 7.8%Â as competitor Zscaler (ZS) sharesÂ fell more than 9%Â on Tuesday as investment firm BTIGÂ downgradedÂ the cyber security company, hitting other stocks in the sector.