Microsoft is to acquire Boston-headquartered cybersecurity company Hexadite at a cost of $100m, according to Israeli news outlet Calcalist. The firm provides automation technology for responding to cyber attacks and runs a research and development centre in Israel. According to the report, which cites unnamed sources, Microsoft's acquisition will be completed by the end of this year.
Microsoft is to acquire Boston-headquartered cybersecurity company Hexadite at a cost of $100m, according to Israeli news outlet Calcalist. The firm provides automation technology for responding to cyber attacks and runs a research and development centre in Israel. Microsoft will continue to invest more than $1bn a year in cybersecurity research and development, it said in January.