Microsoft is making a bigger push into securing its cloud-based servers and services. It announced that it had acquired the Israel-based software company Adallom, which was formed in 2012. While Microsoft did not state how much it paid for Adallom, one report claims it acquired the company for $250 million.
"Adallom expands on Microsoft's existing identity assets, and delivers a cloud access security broker, to give customers visibility and control over application access as well as their critical company data stored across cloud services. Adallom works with popular cloud applications including Salesforce, Box, Dropbox, ServiceNow, Ariba, and of course Office 365. As a cloud-delivered, security-as-a-service solution, Adallom will complement existing offerings that Microsoft makes available today as part of Office 365 and the Enterprise Mobility Suite (EMS), including our recent Microsoft Advanced Threat Analytics release."
Bloomberg reported on the alleged $250 million price Microsoft paid to buy Adallom. It added that its three founders will join Microsoft as part of today's deal.