Microsoft reportedly eyeing cybersecurity firm Adallom for $320m – Computer
Despite a lack of confirmation by concerned parties, Microsoft is reportedly on the verge of acquiring leading Israeli cybersecurity firm Adallom in a deal worth $320m.
If completed, the deal would be Microsoft’s fourth acquisition in Israel since the start of 2015.
Adallom provides back-end security services to companies that run cloud-based offerings.
Founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, former members of the Israeli Intelligence Corps’ Unit 8200, Adallom offers a cloud access security platform which delivers visibility, governance and protection for cloud applications. The tech firm is expected to open a full-fledged cyber security center in Israel after the acquisition of Adallom, says the report.
We reached out to Microsoft and Adallom for confirmation of the pending acquisition. It can secure information stored on Salesforce’s, Microsoft’s or Google’s cloud services and protect it from cyber attacks.
The software works with a conjunction of end-point and network security solutions and has a built-in, self-learning engine that analyses user activity on SaaS applications and assesses the riskiness of each transaction in real-time, alerting administrators when activity becomes too risky for an organisation given its security policies.
Adallom’s service monitors the use of the cloud application by individual employees, identifying patterns and then singling out anomalies as possible breaches. 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.
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.