Microsoft reportedly to acquire Israeli security start-up
Microsoft is reportedly set to buy Israeli cloud security company Adallom for £205 million.
Adallom, founded in 2012 by entrepreneurs Assaf Rappaport, Ami Luttwak and Roy Reznik, will serve as Microsoft's cyber-security centre in Israel. The news was first reported by Hebrew-language business daily Calcalist, although neither company responded to press requests for comment.
Adallom specialises in the Software as a Service (SaaS) cloud security space, and provides technology on remote servers so that enterprises can secure information stored on cloud services like Salesforce, Microsoft and Google.
Adallom's software detects any suspicious activity, such as an employee downloading a huge quantity of documents, and creates a layer of prevention against suspected users.
According to its website, customers include the likes of Netflix, Pixar, SAP and Jive Software.