Microsoft Confirms Acquistion of Cloud Application Security Firm Adallom

logo-WHIR

This article originally appeared at The WHIR

Microsoft has acquired cloud application security company Adallom, the companies announced Tuesday. Adallom’s SaaS identity solution will be integrated into Microsoft’s security portfolio to enhance its capabilities on-premise and across multiple clouds. Several reports have pegged the deal around the $250 million mark.

The acquisition was initially reported in July as a $320 million purchase, shortly after Microsoft acquired Aorato, another Isreali security company.

Cloud access security broker technology from Adallom will be available for Office 365 and the Enterprise Mobility Suite, including Microsoft Advanced Threat Analytics. The solution also works with Salesforce, Box, Dropbox, ServiceNow, Ariba, and other popular cloud applications. Its integration with Dropbox was announced in June.

Adallom was founded in 2012 by Assaf Rappaport, Ami Luttwak, and Roy Reznik,and blogs on the announcement from both companies seem to imply that the whole team will be integrated into Microsoft along with Adallom’s software offering.

Microsoft has been busy with cloud-related announcements, including the launch of new Azure VMs last week, a new Federal Aviation Administration contract for cloud services, and the IT preview of SharePoint Server 2016 in August.

Microsoft Ventures entered into a partnership a year ago to provide tools and funding for cybersecurity startups in Israel. When PayPal acquired Israeli cybersecurity startup Cyactive in March, it also announced the establishment of a cybersecurity facility in the country, which has become a hotbed for new companies in online and network security. BlackBerry did the same a month later when it acquired WatchDox.

This first ran at http://www.thewhir.com/web-hosting-news/microsoft-confirms-acquistion-of-cloud-application-security-firm-adallom