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.