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 $320 million. And without doubt, Adallom would act as the central point for MS’s cyber-sec business in Israel.
Both Adallom and Microsoft Israel declined to comment to the financial newspaper. However, we have separately reached out to Microsoft regarding this, and would update the story once we receive a response.
Adallom is an Israel-based cyber-security firm, which provides secured cloud infrastructure for enterprises to deploy critical applications o the cloud. Alternatively, Adallom also helps companies with services already on the cloud, secure their own cloud environment.
Adallom has multiple offerings for securing cloud infrastructure. The company says that it has created a cloud application security platform that is seamless to deploy. It works for any user on any device on any network. No agent, no network configuration. Adallom claims that you can deploy its software onto your network, in less than 8 minutes.
You’ll get deep, meaningful, insights on your users, the data they’re accessing, and their activities in the cloud. Any insight is actionable, so you can enable the right policies.
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.
Microsoft’s interest in small and medium Israeli tech firms has been on a rise lately. The redmond giant, not so long ago, acquired N-Trig’s digital pen technology for $30 Million, with likely integrations into its Surface tablet series.