Microsoft on Tuesday announced that it has agreed to purchase data security firm Secure Islands. It will pay between $78 million and $150 million, according to reports, but company spokesperson Joel Sider declined to disclose the terms of the acquisition, which requires regulatory approval. Secure Islands’ products will be integrated into the Azure Rights Management Service, but current clients can continue using its products for now, Microsoft said.
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Microsoft to Add Secure Islands to Its Cloud
Posted by: Richard Adhikari November 11, 2015 02:28 PMMicrosoft on Tuesday announced that it has agreed to purchase data security firm Secure Islands. It will pay between $78 million and $150 million, according to reports, but company spokesperson Joel Sider declined to disclose the terms of the acquisition, which requires regulatory approval. Secure Islands’ products will be integrated into the Azure Rights Management Service, but current clients can continue using its products for now, Microsoft said.