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Microsoft splashes out on some more security

by on24 May 2017

Buys security firm for $100 million

Software king of the world, Microsoft has written a $100 million cheque for the security outfit Hexadite.

Hexadite, headquartered in Boston with its research and development center in Israel, provides technology to automate responses to cyber attacks that it says increases productivity and reduces costs for businesses.

No one is saying anything about the buy-out, but ironically it looks like the news was leaked in Israel. If only there were a good security company who could stop these particular leaks taking place.

Hexadite has money from Hewlett Packard Ventures, and venture capital firms TenEleven and YL Ventures.

Microsoft said in January it plans to continue to invest more than $1 billion annually on cyber security research and development in the coming years. Israel has already benefited from that investment.

Last modified on 24 May 2017
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