Microsoft Acquires Adallom for Enterprise Cloud Security
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.
As Adallom describes itself, it is applicable to practically any SaaS application, and has been integrated with SAP SuccessFactors Cloud Infrastructure, an HCM SaaS solution. Adallom monitors individuals' use of such applications and singles out anomalies. Its high-profile customers include LinkedIn and Netflix.