Microsoft In-Talks To Acquire Israeli Cyber Security Firm Adallom For A

We did not receive a response from Adallom, and a Microsoft spokesperson declined comment.

TEL AVIV-Microsoft Corp. has signed a letter of intent to buy Israel-based cloud information-security company Adallom Inc., according to two people familiar with the matter.

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 is reportedly set to be the foundation for Microsoft’s new cyber center in Israel.

With Microsoft’s latest proposed Israeli-based acquisition, Adallom, it is seeking to deliver a cloud access security platform for visibility, governance and protection of data. It additionally purchased textual content evaluation firm Equivio and the know-how of digital pen maker N-trig. It works for any user on any device on any network.

In November previous year Microsoft ended months of speculation when it confirmed it bought another Israel-based security startup, Aorato, which offered software that tracks user behaviour when accessing applications linked to Active Directory, both in the cloud and on premise.

Other key partners include Salesforce, Amazon Web Services and Google, as well as Microsoft’s Office cloud service. Each insight is said to be actionable, so the enterprise is able the apply the applicable policies. The expected price of the all-cash deal is about 0 million, according to one of the people.

First of all, it can invest in security by taking over a company that already has the know-how in this field, and second of all, it can expand its business in Israel by creating a cybersecurity center using this particular firm as the foundation.