Microsoft Buys Israeli Cloud Security Firm for $250 Million

In a deal reported on earlier this summer but not confirmed until yesterday, Microsoft has purchased Tel Aviv-based cloud security firm Adallom. Reports over the weekend put the purchase price at $250 million, contrary to earlier reports stating that Microsoft had paid more than $300 million. Adallom is a startup that helps companies protect data stored in the cloud.

The companies are banking on the growing popularity of cloud services and the trend toward moving critical apps out of in-house data centers, forcing vendors to offer more advanced management tools.

Adallom will continue to sell its security tools while the two companies work to integrate AdallomEUs technology into MicrosoftEUs cloud security suite. The plan is to eventually have AdallomEUs technology complement services available for Office 365 and the Enterprise Mobility Suite, including MicrosoftEUs recently released Advanced Threat Analytics.

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We reached out to Paul Burns, founder of IT analyst firm Neovise, who told us that Adallom's technology and solutions will enhance security for organizations that use SaaS applications.

"Organizations that use SaaS have had to rely mostly on the service provider for security," said Burns. "After all, their IT departments donEUt have direct control over these services, which are delivered from the service providerEUs data center."

Burns said that Adallom puts some control over security back in the hands of cloud customers. "This way customers can decide what level of visibility, governance and protection they want to apply to all their SaaS applications," he said. "Even when a SaaS application would normally allow a specific behavior, such as extracting large amounts of data, Adallom can prevent it."

Adallom, which has 80 employees, was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik. According to the companyEUs Web site, Adallom is an abbreviation of the Hebrew saying "Ad Halom," which in game theory...

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Microsoft Buys Israeli Cloud Security Firm for $250 Million

In a deal reported on earlier this summer but not confirmed until yesterday, Microsoft has purchased Tel Aviv-based cloud security firm Adallom. Reports over the weekend put the purchase price at $250 million, contrary to earlier reports stating that Microsoft had paid more than $300 million. Adallom is a startup that helps companies protect data stored in the cloud.

The companies are banking on the growing popularity of cloud services and the trend toward moving critical apps out of in-house data centers, forcing vendors to offer more advanced management tools.

Adallom will continue to sell its security tools while the two companies work to integrate AdallomEUs technology into MicrosoftEUs cloud security suite. The plan is to eventually have AdallomEUs technology complement services available for Office 365 and the Enterprise Mobility Suite, including MicrosoftEUs recently released Advanced Threat Analytics.

Good Resource

We reached out to Paul Burns, founder of IT analyst firm Neovise, who told us that Adallom's technology and solutions will enhance security for organizations that use SaaS applications.

"Organizations that use SaaS have had to rely mostly on the service provider for security," said Burns. "After all, their IT departments donEUt have direct control over these services, which are delivered from the service providerEUs data center."

Burns said that Adallom puts some control over security back in the hands of cloud customers. "This way customers can decide what level of visibility, governance and protection they want to apply to all their SaaS applications," he said. "Even when a SaaS application would normally allow a specific behavior, such as extracting large amounts of data, Adallom can prevent it."

Adallom, which has 80 employees, was founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik. According to the companyEUs Web site, Adallom is an abbreviation of the Hebrew saying "Ad Halom," which in game theory...

Comments are closed.