Microsoft confirmed that it has acquired Hexadite, an Israeli startup that uses AI to identify and protect against attacks, the deal was finalised for a price of $100 million to acquire the company.
“Our vision is to deliver a new generation of security capabilities that helps our customers protect, detect and respond to the constantly evolving and ever-changing cyber threat landscape,” Terry Myerson, Executive Vice President, Windows and Devices Group, Microsoft, said.
The idea is to expand Microsoft’s existing security portfolio with an infusion of new technology based around new innovations in areas like AI and machine learning. Hexadite’s technology and talent will augment our existing capabilities and enable our ability to add new tools and services to Microsoft’s robust enterprise security offerings.
Microsoft said that Hexadite will be folded into work it does to develop security solutions for commercial Windows 10 customers, specifically with Windows Defender Advanced Threat Protection (WDATP). “With Hexadite, WDATP will include endpoint security automated remediation, while continuing the incredible growth in activations of WDATP, which now protects almost 2 million devices,” Microsoft notes.
According to a Microsoft blog, once closed, the acquisition will build on the successful work Microsoft was already doing to help commercial Windows 10 customers detect, investigate and respond to advanced attacks on their networks with WDATP. WDATP continues to prove its value in detecting high-profile security cases such as zero-day attacks, ransomware and other advanced cyber threats.
The rapid growth of connected services and devices has gone hand-in-hand with a rapid rise in cybercrime, with malicious hackers becoming increasingly rampant and sophisticated in their attacks on networks and the hardware and apps that run on them, with breaches leading to millions of dollars in costs and lots of stress.
This has led to an increasingly sophisticated landscape for security services, with companies covering every aspect of how we conduct business today and a huge amount of spending by organizations to try to prevent, stop, fix or mitigate damage. IDC estimates that enterprises will spend nearly $82 billion on security software this year.
With Hexadite, WDATP will include endpoint security automated remediation, while continuing the incredible growth in activations of WDATP, which now protects almost two million devices.
Windows 10 is the most secure version of Windows ever and with ongoing investments in the areas of automating detection and remediation.
Windows 10 would continue to drive deployments with customers like the US Department of Defence, Australian Department of Human Services, Kimberly-Clark, MARS Inc., Crystal Group and many others, the blog said.
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