202022 Jun
Microsoft acquires a startup that will help it monitor corporate hardware like alarms, cameras and phones
Type
Acquisitions
Companies
Source
Cnbc
Summary

Terms of the deal werent disclosed, although a May report from Israeli news outlet Globes said Microsoft was in talks to pay $165 million for the startup. With the acquisition of CyberX, Microsoft will gain additional technology for monitoring corporate hardware like alarms, cameras, phones and industrial control systems for security vulnerabilities. "CyberX will complement the existing Azure IoT security capabilities, and extends to existing devices including those used in industrial IoT, operational technology and infrastructure scenarios," Microsoft corporate vice presidents Michal Braverman-Blumenstyk and Sam George wrote in a blog post. With CyberX, customers can see a digital map of thousands of devices across a factory floor or within a building and gather information about their asset profile and vulnerabilities. " Microsoft expects to integrate CyberX with existing technology, including the cloud-based Azure Sentinel service the company introduced last year for battling security threats, Braverman-Blumenstyk and George wrote.

Classifications
  • Security
  • Sales and Marketing
  • Customer Relationship Management
  • ERP & Process Management
  • ERP
  • Networking