Microsoft acquires cloud security company Adallom

Microsoft has acquired Adallom, the cloud security solutions provider. Takeshi Numoto, Corporate Vice President, Cloud and Enterprise, Marketing at Microsoft shared in his blog how the acquisition was an example of Microsoft’s commitment to delivering identity and security capabilities to customers, both on-premise and multiple clouds. According to a report , sources familiar with the matter, the deal cost the Redmond-based software giant $250 million. That dollar amount is below previously reported figures pegging the value of the purchase north of $300 million. Adallom expands on Microsoft’s existing identity assets, and delivers a cloud access security broker, to give customers visibility and control over application access as well as their critical company data stored across cloud services. Adallom works with popular cloud applications including Salesforce, Box, Dropbox, ServiceNow, Ariba, and Office 365. As a cloud-delivered, security-as-a-service solution, Adallom will complement existing offerings that Microsoft makes now makes available as part of Office 365 and the Enterprise Mobility Suite (EMS), including their recent Microsoft Advanced Threat Analytics release.