Microsoft Acquires Adallom for Enterprise Cloud Security

July 20 2015

Microsoft has signed a letter of intent to acquire Adallom, an Israeli cloud information security company, for $320 million. So report numerous sources including the Wall Street Journal and Calcalist, an Israeli financial newspaper. Calcalist reports that this would be Microsoft's fourth purchase in the country in 2015. Also, that Adallom will continue to operate from Israel, and will serve as Microsoft's center of operations in the country.

About Dann Anthony Maurno

Dann Anthony Maurno is a seasoned business journalist who began his career as International Marketing Manager with Lilly Software, then moved on as a freelancer to write for such prestigious clients as CFO Magazine; Compliance Week;Manufacturing Business Technology; Decision Resources, Inc.; The Economist Intelligence Unit; and corporate clients such as Iron Mountain, Microsoft and SAP. He is the co-author of Thin Air: How Wireless Technology Supports Lean Initiatives(CRC/Productivity Press, 2010).

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