Microsoft reportedly acquires Israeli cybersecurity firm Adallom for $320 million
It looks like Israeli cloud security firm Adallom is the latest company to be acquired by Microsoft for $320 million, according to local business publications Globes and Calcalist.
Adallom — which has raised $49.5 million thus far — offers "seamless security" for enterprise customers, offering a range of solutions for businesses to secure their data in the cloud:
Founded in 2012, Adallom is headquartered in Palo Alto, California, with a development center located in Tel Aviv. The acquisition will reportedly set the stage for Microsoft to open a cybersecurity center in Israel.
At this stage, both Microsoft and Adallom are yet to confirm the acquisition. We'll update the article once we know more from official sources.
Get the Windows Central Newsletter
All the latest news, reviews, and guides for Windows and Xbox diehards.
Harish Jonnalagadda is a Senior Editor overseeing Asia for Android Central, Windows Central's sister site. When not reviewing phones, he's testing PC hardware, including video cards, motherboards, gaming accessories, and keyboards.