Microsoft today has confirmed the acquisition of the Israel-based security company Secure Islands, which its technology integrated into Microsoft’s Azure Rights Management Service. Neither company has disclosed how much the deal is worth. It is believed to be for about $150 million
Today’s news marks Microsoft’s fifth Israeli acquisition of 2015, and two of these prior acquisitions also included cyber security startups. Microsoft bought snapped up Adallom, enterprise security startup Aorato, Equivio, and N-Trig.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Secure Islands’ technology is already used by big-name companies including Credit Suisse, Vodafone, and UBS, and it’s designed to protect data across nearly any file-type.
The two companies have worked together 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.
In a statement by Secure Islands CEO Aki Eldar, he said: “When Yuval (cofounder Yuval Eldar) and I founded Secure Islands nine years ago, we shared one vision: to provide customers with the most efficient and reliable solution for information protection and control.”
“In those days, it was still a nascent market for technology like ours, but we knew the customer need was there. Together, with our team of “marathon runners, ” we have been thrilled to see our solutions adopted by some of the most prestigious companies around the world.”
“By joining Microsoft, we will be able to extend and expand our vision. Microsoft has been a long time partner and its leadership in enterprise IT, its resources and global reach will help us innovate and deliver new information protection capabilities to both our current and new customer base.”
READ MORE: Microsoft
Microsoft is buying Israeli cyber security company Secure Islands for $100-150 million, report Calcalist website. The acquisition will be Microsoft’s fifth Israeli acquisition within 12 months. See all More…
Microsoft has reportedly acquired an Israeli data security startup, Adallom, for a price believed to be in the region of $320 million. Adallom was founded in 2012 by CEO Assaf Rappaport, Ami Luttwak and Roy Reznik, More…
Microsoft just bought IT company FieldOne, which was founded and led by Satmar Hasid, Shlomo Boim, for $39 million. Satmar is a Hasidic sect fiercely opposed to Zionism. The New York based company is a Global More…
Microsoft Corporation (Nasdaq: MSFT) is buying Israeli digital pen company N-trig. The company has developed a chip for a digital pen and computer screen interface. No financial details about the acquisition have More…
Microsoft plans to integrate the Israeli company’s product in its Office 365 package. Three months after a report by “The Wall Street Journal” and two months after acquiring Israeli company More…
Microsoft Corp. (Nasdaq: MSFT) has confirmed that it is buying Israeli cyber security start-up Aorato Ltd.. Financial details were not disclosed, but two people familiar with the matter told the “Wall Street More…
