Microsoft announced on Tuesday that it has acquired Adallom, an Israeli security startup that helps organizations protect data in cloud applications.
Terms of the acquisition were not disclosed, but rumors of Microsoft’s plans to acquire the two and a half-year-old company surfaced earlier this summer, with reports pegging the deal at $320 million in cash.
“Adallom expands on Microsoft’s existing identity assets, and delivers a cloud access security broker, to give customers visibility and control over application access as well as their critical company data stored across cloud services,” Takeshi Numoto, Corporate Vice President, Cloud and Enterprise Marketing at Microsoft, explained.
Adallom supports popular cloud-based services including Salesforce, Box, Dropbox, ServiceNow, Ariba, and Microsoft Office 365.
Adallom will complement existing Microsoft solutions available as part of Office 365 and the Enterprise Mobility Suite (EMS), including Microsoft Advanced Threat Analytics, Numoto said.
For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.
More from Mike Lennon
- ‘No Evidence’ of Cyberattack Related to FAA Outage, White House Says
- SecurityWeek to Host 2022 ICS Cybersecurity Conference October 24-27 in Atlanta
- Google Completes $5.4 Billion Acquisition of Mandiant
- Cybersecurity Firm ZeroFox Begins Trading on Nasdaq via SPAC Deal
- HUMAN Security and PerimeterX Merge on Mission to Combat Bots
- Last Call: CFP for ICS Cybersecurity Conference Closes July 15th
- Johnson Controls Acquires Tempered Networks to Shield Buildings From Cyberattacks
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Latest News
- Microsoft: Iran Unit Behind Charlie Hebdo Hack-and-Leak Op
- Feds Say Cyberattack Caused Suicide Helpline’s Outage
- Big China Spy Balloon Moving East Over US, Pentagon Says
- Former Ubiquiti Employee Who Posed as Hacker Pleads Guilty
- Cyber Insights 2023: Venture Capital
- Atlassian Warns of Critical Jira Service Management Vulnerability
- High-Severity Privilege Escalation Vulnerability Patched in VMware Workstation
- Exploitation of Oracle E-Business Suite Vulnerability Starts After PoC Publication
