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Microsoft Makes Its Fifth Purchase In Israel, Acquires Security Firm Secure
Microsoft today has confirmed the acquisition of the Israel-based security company Secure Islands, which its technology integrated into Microsoft’s Azure Rights Management Service.
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Microsoft has worked with the company for a number of years, and Secure Islands’ solutions have been built using Microsoft’s rights management technology. Secure Islands tools fit compatible to to Microsoft intentions. Microsoft snapped up Adallom for an undisclosed sum in September, and has also bought enterprise security startup Aorato, along with Equivio, and N-Trig.
Microsoft shares are declining 1.48% to $54.11 on Monday.
Secure Islands will continue selling its products to new customers and providing services to its existing customers while the acquisition makes its way through regulatory approvals. Once complete, Microsoft plans to integrate Secure Islands’ technology into its Azure Rights Management Service, which performs the same functions, more or less. Secure Islands’s services include data classification technology that automatically detects the creation of new files from a variety of sources and then applies a protection policy to it. Together, with our team of “marathon runners”, we have been thrilled to see our solutions adopted by a few of the most prestigious companies around the world.
Eldar went on to explain the benefits of this deal, “By joining Microsoft, we will be able to extend and expand our vision”.
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Numoto explains the Secure Islands acquisition will improve Microsoft’s ability to secure data across on-premise systems and cloud services beyond Azure, including Office 365, third-party services, and iOS, Android, and Windows platforms. Last week, the Redmond, Washington-based tech titan announced that it had made a deal with Mobile Data Labs, the maker of an app that’s used to track mobile workers’ mileage.