Microsoft to buy cloud security provider Adallom for $US320 million
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Reports have emerged stating that Microsoft is to drop $US320 million in cash for Israeli cloud security startup Adallom.
Adallom – founded in 2012 with just 80 employees – provides security tools for cloud applications. News of the acquisition broke in Israel where Adallom is based, before being reported by Reuters.
Although to date neither company have commented on the rumoured deal, the acquisition would seem to follow the current thinking at Microsoft. Upon appointment last year, CEO Satya Nadella stated that the company has to thrive “in a mobile- and cloud-first world,” and this would certainly match that brief, allowing Microsoft to provide extra protection for products such as Azure and Yammer.
