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Microsoft has recently acquired three Israeli cyber security companies in a bid to compete with other names in the cyber security sector of the tech market, Forbes reports.
Over the past year, Microsoft has invested big in cyber security firms. It has acquired three Israeli cyber security firms, namely Adallom, Aorato, and Secure Islands. The combined cost of these three Israeli cyber security companies is understood to be somewhere in the region of $650 million.
It aims to dip into the cyber security front of the tech sector sooner than it did with other areas, and with the acquisition of the aforementioned companies, Microsoft is well on its way to compete with security contenders like Cisco and IBM.
The reason why Microsoft has invested big in Israeli cyber security companies is that Israel is second only to the United States of America in producing and exporting cyber products. The cyber security business in Israel is rising with a much higher briskness as it is doing in the rest of the world. According to Globes Online, there are currently 200 cyber security companies in Israel.
The Israeli business news media property further says that the main target market of Israeli cyber security companies is the USA and the products are primarily designed for military, government and financial infrastructure protection.
The number of cybersecurity startups in Israel is astonishingly high, with companies like Gartner Israel helping them rise through the ranks and provide them with exposure to the global security market. It helps them analyse the products the startups provide them with.
The massive popularity of Israeli cyber security products with important sectors of United States of America like government, financial infrastructure and the military are testaments to the quality of products produced and exported by Israeli cyber security companies.
Microsoft has, therefore, taken to harness the skill and quality of Israeli cyber security companies. For many years, Microsoft has been looking to produce quality cyber products for key growth areas, but it is only now after acquiring three Israeli cyber security companies in Secure Islands, Aorato and Adallom, that they are well on their way to doing that.
