Dear Visitor,

Our system has found that you are using an ad-blocking browser add-on.

We just wanted to let you know that our site content is, of course, available to you absolutely free of charge.

Our ads are the only way we have to be able to bring you the latest high-quality content, which is written by professional journalists, with the help of editors, graphic designers, and our site production and I.T. staff, as well as many other talented people who work around the clock for this site.

So, we ask you to add this site to your Ad Blocker’s "white list" or to simply disable your Ad Blocker while visiting this site.

Continue on this site freely
  HOME     MENU     SEARCH     NEWSLETTER    
CUSTOMER RELATIONSHIP MANAGEMENT NEWS. UPDATED 6 MINUTES AGO.
You are here: Home / Data Security / Microsoft Buys Cloud Security Firm
Microsoft Reportedly Buys Israeli Cloud Security Firm for $320M
Microsoft Reportedly Buys Israeli Cloud Security Firm for $320M
By Shirley Siluk / CRM Daily Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
JULY
20
2015
An Israeli startup focused on cloud application security is reportedly the next addition to Microsoft ever-expanding stable of acquisitions. Adallom, which is headquartered in Palo Alto and has a research-and-development facility based in Tel Aviv, has been acquired by Microsoft for $320 million in cash, according to news reports.

If confirmed, the acquisition -- reported by Israeli financial publications Globes and The Calcalist -- would be Microsoft's largest to date in Israel. However, it's hardly the first: in just the past nine months Redmond has purchased three other Israeli tech firms.

Founded in 2012 with $4.5 million in Series A funding led by Sequoia Capital, Adallom is led by three veterans of the Israeli Intelligence Corps: co-founders Assaf Rappaport (pictured above), who is CEO; Ami Luttwak, CTO; and Roy Reznik, vice president of research and development. The company's technology provides security for enterprises that use cloud-based, software-as-a-service (SaaS) applications for CRM, ERP, collaboration, storage and other tasks.

A 'Cloud Access Security Broker'

We reached out to Microsoft and Adallom for confirmation of the pending acquisition. We did not receive a response from Adallom, and a Microsoft spokesperson declined comment.

Adallom has said its solutions are designed to help enterprises "secure data in any cloud." The company has described itself as a "cloud access security broker" for businesses using services from Salesforce, Dropbox, Box, Office 365 and other SaaS and IaaS (infrastructure-as-a-service) application providers.

In December 2013, the company revealed it had discovered a severe vulnerability in Microsoft Office 365 that posed a risk for users of Office 2013 Desktop. First observed in April of that year, the vulnerability was described by Adallom chief software architect Noam Liran as "a bona fide perfect crime; a crime where the victim doesn't know that he’s been hit; a crime where there's no proof of any foul play anywhere; a crime where protecting yourself against it without being familiar with its modus operandi is next to impossible."

After discovering the vulnerability, Adallom notified the Microsoft Security Response Center and worked with the company to find ways to eliminate the problem. Microsoft later released a patch that resolved the issue.

Other Acquisitions for Digital Ink, Security

Since November, Microsoft has acquired three other Israel-based tech firms. They include Aorato, purchased in November; Equivio, acquired in January; and N-trig, bought in February. Purchase prices for the acquisitions haven't been confirmed, although reports indicate that N-trig was purchased for somewhere between $30 million and $200 million.

N-trig developed the Surface Pen stylus technology used with Microsoft's Surface Pro devices. The technology is expected to see even wider use with the coming release of Edge, Microsoft's successor to the Internet Explorer browser, which adds new capabilities for "digital ink" applications.

Equivio, which specializes in machine learning technologies, was acquired to enable Microsoft to "help our customers tackle the legal and compliance challenges inherent in managing large quantities of e-mail and documents," according to company blog post in January. The addition of Aorato was aimed at helping Microsoft provide customers with identity and access security solutions that work across both on-premises and cloud-based applications.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
MORE IN DATA SECURITY

NETWORK SECURITY SPOTLIGHT
China-based Vivo will be the first company to come out with a smartphone featuring an in-display sensor for fingerprint security, beating Apple, Samsung, and other device makers to the punch.

CRM DAILY
NEWSFACTOR NETWORK SITES
NEWSFACTOR SERVICES
© Copyright 2017 NewsFactor Network. All rights reserved. Member of Accuserve Ad Network.