Microsoft is to buy Israeli cybersecurity firm Hexadite for the reported sum of $100m in a drive to expand the company’s security products portfolio. IDC estimates that enterprises will spend nearly $82 billion on security software this year. The deal will see Microsoft’s technology and services division acquire Hexadate’s software development arm, which has been based out Tel Aviv since 2011.
Microsoft is to buy Israeli cybersecurity firm Hexadite for the reported sum of $100m in a drive to expand the company’s security products portfolio. The deal will see Microsoft’s technology and services division acquire Hexadate’s software development arm, which has been based out Tel Aviv since 2011.