Microsoft will buy Israeli company Adallom for $320 million. The startup Adallom develops security software for cloud services.
The company currently has 90 employees (30 of whom are in the US). Once the acquisition is complete, it will operate as an independent division of Microsoft and handle everything related to security in the Microsoft Cloud.
Microsoft has so far not confirmed the leaked information from VB.
Israeli media outlets Calcalist and Globes reported on the deal over the weekend, followed by Reuters and the Wall Street Journal.
Microsoft, with CEO Satya Nadella, is clearly looking at building “an intelligent cloud platform.” Of course, cloud security is of utmost importance to the company, which has been investing heavily in the cloud in recent years. Internet-based applications like Office 365 generate a lot of revenue, and the company certainly wants to be sure that its data is safe.
The Adallom service monitors the usage of cloud applications from Amazon Web Services, Ariba, Box, Dropbox, Google Apps, Office 365, Salesforce, ServiceNow, and Microsoft's Yammer.
It collects data from typical application usage, analyzes it, and alerts administrators to any anomalies that could present security issues.
Adallom was launched in 2012 and currently has offices in Palo Alto, California, and Tel Aviv.
