Microsoft Corp. Thursday said it has signed an agreement to acquire U.S.- Israeli Cybersecurity startup Hexadite, which will add new tools and services to Microsoft’s enterprise security offerings. The financial terms were not disclosed, while the price reportedly would be around $100 million.
Hexadite, headquartered in Boston with its research and development center in Israel, provides technology to automate responses to cyber attacks. Investors in Hexadite include Hewlett Packard Ventures, and venture capital firms TenEleven and YL Ventures.
Following the close of the deal, Hexadite will become part of the Windows and Devices Group. The acquisition is expected to build on Microsoft’s efforts to help commercial Windows 10 customers detect, investigate and respond to advanced attacks on their networks with Windows Defender Advanced Threat Protection or WDATP.
Source: NASDAQ