14 DAY TRIAL // Microsoft has recently purchased Israeli data security company Adallom, according to a number of recent reports, with the software giant now planning to open a cybersecurity center in the country in order to expand its services in the area with the help of its newly purchased asset.
Redmond is yet to confirm the deal, and the official website of Adallom says absolutely nothing about a potential takeover by Microsoft, but we’ve reached out to the company and will update the article, should we receive an answer.
According to these reports, Adallom agreed to a $320 million (€285 million) takeover deal, with the acquisition expected to be completed soon.
Who is Adallom?
Adallom is a company whose goal is to develop better security for data stored in the cloud without making any change or impacting the user experience, thus performing everything in the background.
The official website explains:
“Critical applications like collaboration, storage, CRM and ERP are moving to the cloud. This means the critical mass of your corporate data will eventually migrate to the cloud. We make it easy to keep your data safe in the cloud. Our platform works with any user, on any device or location. There is no impact to user experience. And, you don’t have to be a data scientist to understand risks and threats. Quite simply, it’s proven, seamless security.”
Adallom has 80 employees, including 50 workers at the local development center.
Enhancing the security of its products has become a priority for Microsoft, but with Adallom’s acquisition, the company can kill two birds with one stone.
First of all, it can invest in security by taking over a company that already has the know-how in this field, and second of all, it can expand its business in Israel by creating a cybersecurity center using this particular firm as the foundation.