Following rumors that #Microsoft was set to acquire Israel-based security company #SecureIslands for $150 million, Microsoft has now confirmed the deal that will see Secure Islands’ technology integrated into Microsoft’s #Azure Rights Management Service. Neither company has disclosed how much the deal is worth.
Today’s news marks Microsoft’s fifth Israeli acquisition of 2015, and two of these prior acquisitions also included cyber security startups. Microsoft snapped up Adallom for an undisclosed sum in September, and has also bought enterprise security startup #Aorato, along with #Equivio, and #N-Trig.
Secure Islands’ technology is already used by big-name companies including #CreditSuisse, #Vodafone, and #UBS, and it’s designed to protect data across nearly any file-type. Secure Islands and Microsoft have worked together for some time already through Microsoft’s Azure Rights Management Service, and while this deal brings the two firms together, Secure Islands will continue to offer its existing services to other companies.
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