Microsoft acquires security software company Adallom, reportedly for $250 million
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.
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.
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