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Microsoft Acquires Israeli Data Security Company

Friday, November 20th, 2015

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Microsoft [MSFT] signed an agreement to acquire Secure Islands, an Israeli data security firm, the company said Nov. 9.Secure Islands offers data classification, protection, and loss prevention technologies for almost any kind of file, allowing customers to apply data protection to more application, Microsoft noted.Current customers of Secure Islands include UBS AG [UBS], OSRAM, Vodafone [VOD], and Credit Suisse [CS]. Under the terms of the acquisition, Secure Islands will continue to sell its existing products and support its customers.Their technology…

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