Microsoft Makes Largest Ever Israeli Acquisition for $320 Million
Microsoft is reported to be buying the Israeli cybersecurity firm Adallom, in only the latest collaboration between the U.S. and Israeli on online security matters.
As Globes rightfully reports, the acquisition takes Microsoft full circle as it was it was Adallom in December 2013 that exposed the break into the security server of Microsoft Office 365, news that garnered widespread reporting at the time.
Adallom is a company whose goal is to develop better security for data stored in the cloud without making any change or impacting the user experience, thus performing everything in the background.
A “Cloud Access Security Broker”.
Microsoft declined to comment.
Other key partners include Salesforce, Amazon Web Services and Google, as well as Microsoft’s Office cloud service.
Adallom has said its solutions are created to help enterprises “secure data in any cloud”. First observed in April of that year, the vulnerability was described by Adallom chief software architect Noam Liran as “a bona fide ideal 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”.
Adallom’s service monitors the use of the cloud application by individual employees, identifying patterns and then singling out anomalies as possible breaches. Microsoft later released a patch that resolved the issue.
Adallom was based in 2012 has 80 staff at its workplaces in Israel and the United States.
According to these reports, Adallom agreed on a 0 million (€285 million) takeover deal, with the acquisition expected to be completed soon.
N-trig developed the Surface Pen stylus technology used with Microsoft’s Surface Pro devices.
The US know-how firm has made a number of current acquisitions in Israel, together with security software program developer Aorato for a reported $200 million.