According to the report from Globes, Microsoft is planning to acquire Secure Islands, a data security startup in Israel for about $100 – $150 million. If it happens, it will be Microsoft’s 5th acquisition in Israel in past year alone. Just few months back, Microsoft acquired Adallom, an another Israeli security startup.
Secure Islands Technologies develops and markets advanced and innovative Information Protection and Control (IPC) solutions, incorporating intelligent and patent-pending data-centric security technology. Our IQProtector™ is a comprehensive, policy-driven classification and protection solution. Because it captures unstructured data at the point of creation – when it is saved to an end-point or server, downloaded from an application, uploaded to the cloud or sent to peers and partners – it provides the most accurate classification possible, based on context and content. Then, using Microsoft RMS, it applies persistent protection to files and emails, tagging them to allow usage tracking, audits and forensics. Designed to allow the quickest implementation and adoption, IQProtector is seamlessly assimilated into any IT environment and provides the highest consideration to end-users.
Secure Islands has raised $20 million to date.
Source: Microsoft News