Microsoft (NASDAQ:MSFT) is buying Adallom, an Israeli cybersecurity company Adallom for US$320 million, according to the Israeli newspaper Calcalist.
Adallom is a cloud computing security specialist and should the deal be consummated, it would be Microsoft’s fourth Israeli acquisition this year.
Adallom specializes in securing third party cloud based applications such Office 365, Google Drive and other web services that businesses are increasingly adopting.
By analyzing employee behavior, Adallom’s service tries to identify and fix potential operational vulnerabilities. Microsoft could certainly benefit, by offering products that will offer higher protection from increasingly frequent hacker attacks.
On Office 365, Adallom secures data, manages reading and writing rights, protecting users in real time. The administrator will be able to observe the types of documents stored on Microsoft servers, user access rights and a potentially suspicious practices such sharing between domains.
The administrator will also be able to block access to Office 365 on some terminals or via geo-fencing, which is to say beyond a certain geographical area.
Adallom’s clients include SAP, Hewlett-Packard, LinkedIn, Orange, Netflix, Hortonworks, Pixar, Outbrain or Jive and First American.