Microsoft Buys CyberX

Microsoft

Microsoft (MSFT: NASDAQ), acquired CyberX, a Boston, MA-based IoT/OT security company.

The amount of the deal was not disclosed.

With the acquisition, CyberX’s IoT/OT-aware behavioral analytics platform integrates with Azure security to deliver end-to-end security across managed and unmanaged IoT devices.

Founded in 2013 and led by Omer Schneider, CEO, and Nir Giller, CTO, CyberX provides large enterprises with an IoT/OT security platform to secure their facilities worldwide. Leveraging patented, IoT/OT-aware behavioral analytics, the company’s agentless technology deploys in minutes to deliver deep visibility into IoT/OT risk — including asset discovery, vulnerability management, and continuous threat monitoring — with zero impact due to its passive Network Traffic Analysis (NTA) approach.

The company was funded by Norwest Venture Partners, Qualcomm Ventures, Flint Capital, Glilot Capital Partners, Inven Capital, and OurCrowd.

Following the deal, CyberX’s founders will join Microsoft and the platform will continue to be enhanced and supported by CyberX personnel. In addition, Microsoft is committed to the channel and will continue working with CyberX’s strategic reseller and technology partners worldwide. The platform will continue to be available in a hybrid model supporting both cloud-connected and air-gapped networks.

FinSMEs

22/06/2020

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