Microsoft Buys Israeli Data Security Firm Secure Islands

A nine-year-old Israeli tech company that provides embedded security for documents of all kinds has been acquired by Microsoft for an undisclosed sum. Secure Islands is the fifth Israel-based company -- and the third Israeli cybersecurity firm -- purchased by Microsoft over the past year.

Founded by brothers Aki and Yuval Eldar, Secure Islands' flagship product is called IQProtector. The company said IQProtector "immunizes" data by embedding classification and security protections into documents at the moment they're created.

The transaction is believed to be valued at $150 million, according to Globes, an Israeli business publication that first reported on the then-pending deal last month. After the acquisition receives regulatory approval, Microsoft said that it plans to integrate Secure Islands' technology into its Azure Rights Management Service.

Expanding Azure's Data Protection

"This acquisition accelerates our ability to help customers secure their business data no matter where it is stored -- across on-premises systems, Microsoft cloud services like Azure and Office 365, third-party services, and any Windows, iOS or Android device," cloud and enterprise marketing corporate vice president Takeshi Numoto noted today in a blog post.

Secure Islands, which has long been a Microsoft partner, offers a technology that builds on the data protection currently offered through Microsoft's Azure Rights Management Service, Numoto added.

"These new capabilities, combined with the data classification in Windows and Office 365, will provide our customers with the industry's most comprehensive data protection solution," he said.

A Microsoft spokesperson told us the company is "not disclosing terms of the purchase agreement. However, the spokesperson added that Microsoft expected that a significant number of the employees at Secure Islands will continue on post-acquisition.

"By joining Microsoft, we will be able to extend and expand our vision," said Aki Eldar, Secure Islands' CEO, in a blog post on his company's Web site. "Microsoft has...

Comments are closed.