Microsoft is acquiring Israeli firm Secure Islands for undisclosed amount
On Monday, Microsoft revealed that it has signed an agreement for the acquisition of Israeli data security specialist Secure Islands --- a company which is chiefly focused on the protection of companies’ data.
The financial terms of the Secure Islands acquisition deal -- which requires regulatory approval -- have not been officially disclosed by Microsoft.
Secure Islands offers a policy-based technology called IQProtector, which "immunizes" corporate data by injecting protection within a file itself, when a file is created. The technology basically facilitates businesses in classification, encryption and management of sensitive information right at the outset. Some of Secure Islands’ customers include Credit Suisse, HP, UBS and Vodafone.
The acquisition of Secure Islands will enable Microsoft to augment its Azure Rights Management Service --- the company’s cloud-based technology which keeps sensitive information confidential. The service essentially unfolds specific tools for companies to enable them to protect files individually as well as in bulk. The tools ensure that companies’ files are not opened or modified by people who do not have the authority to do so.
With regard to Microsoft’s acquisition deal with Secure Islands, Takeshi Numoto -- Corporate VP of Microsoft Cloud and Enterprise Marketing -- said in a Monday announcement: "This acquisition accelerates our ability to help customers secure their business data no matter where it is stored—across on-premises systems, Microsoft cloud services like Azure and Office 365, third-party services, and any Windows, iOS or Android device."
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