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.
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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.”
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