Microsoft will buy the Israeli company Adallom for 320.000.000 dollars. Adalom launches security software for cloud services.
Currently, the company has 90 employees (30 of them located in the US). When the acquisition is completed, it will act as an independent Microsoft division and will handle it as related to Microsoft Cloud Security.
Microsoft has so far not confirmed the information that they leaked from VB.
Israeli media outlets Calcalist and Globes reported on the deal over the weekend, followed by Reuters and Wall Street journal.
Microsoft with CEO Satya Nadella is clearly looking to build "a smart cloud platform." Of course Cloud security is paramount for the company that in recent years seems to be investing heavily in the cloud. Internet-based applications like Office 365 generate a lot of revenue and the company definitely wants to make sure its data is secure.
The Adallom service monitors the use of the cloud applications of Amazon Web Services, Ariba, Box, Dropbox, Google Apps, Office 365, Salesforce, ServiceNow, and Yammer of Microsoft.
It collects data from the typical use of applications, analyzes them and alerts administrators of any abnormalities that could pose security issues.
Adalom started 2012 and currently has offices in Palo Alto, Calif., And Tel Aviv.
