Microsoft to buy Israeli cyber security firm Adallom
In what could be Microsoft’s biggest effort yet to get into the mainframe cyber security, Calcalist Financial is now reporting, that the Redmond giant is in final stages of acquiring Israel-based cyber-sec firm Adallom, for a whopping 0 million.
Regardless of Microsoft’s reported plans, Adallom seems to be a logical acquisition in the face of Nadella’s own plans for his company. Reports say that if the deal is completed at that price, it will be the American multinational technology company’s largest-ever acquisition in Israel.
The company, which has its headquarters in California and a research and development outfit in Israel, was founded by cybersecurity veterans Assaf Rappaport, Ami Luttwak and Roy Reznik in 2012.
We reached out to Microsoft and Adallom for confirmation of the pending acquisition.
Adallom has said its solutions are created to help enterprises “secure data in any cloud”.
Out of the box, Adallom now supports AWS, Dropbox, Office 365, Box, Salesforce, Successfactors, Google Apps, Okta, Servicenow, Ariba, Yammer, Jive, and Centrify, but using the APIs, can support nearly any application whether it is running in a Private Cloud or in Azure, AWS, or Rackspace. It also bought text analysis firm Equivio and the technology of digital pen maker N-trig.
“For the last 5 years, we’ve been focused on building a technology that extends human behavior, enabling simple and intuitive interaction with any consumer electronic device”, the Kfar Saba-based Pebbles Interfaces team writes in a message on its homepage.
As per Calcalist, Adallom received close to $50 Million in venture capital from investors which includes Sequoia Capitol and European Index Ventures as well as EMC Corp and Hewlett-Packard, among others.
Adallom was based in 2012 has 80 staff at its workplaces in Israel and the United States.