While the duo isn't making the financial terms of the deal public, Israeli financial news website Calcalist said Microsoft would pay $100 million for Hexadite. The company has its R&D centres in Israel, which is known for its robust, cyber security and defence startup ecosystem. It also has headquarters in Boston.
“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,” said Terry Myerson, executive vice president, Windows and Devices Group, Microsoft, in a statement.
“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.”
Earlier this year, the Redmond giant announced its plans to invest over $1 Billion per year in cyber security and research. Hexadites's acquisition is another stamp on the importance of cyber-security in the world of technology and specifically enterprise IT.