Who are they buying?
Microsoft is reportedly looking to deepen its security capabilities as the software giant has agreed to acquire Hexadite for $100 million, according to a report Wednesday on the Israeli financial news website Calcalist.
Hexadite offers a security orchestration and automation platform that uses artificial intelligence to investigate and respond to alerts. The company is backed by HPE, as well as venture capital firms TenEleven and YL Ventures. It most recently raised $8 million in Series A funding in February 2016.
Hexadite did not respond to requests for comment on the acquisition reports. A Microsoft spokesperson said in an email that the company had “nothing to share at this time.”
If I were Microsoft, I would blast this news all over the universe! It’s no secret that Microsoft needs to focus more on security and protecting the users of its operating systems. Privacy is more in the forefront now than it ever was. Working with all medical practices makes privacy and security our number one focus. Microsoft needed to make it theirs too.
Let’s see how this goes…