CloudKnox Security that was earlier speculated to be acquired by IT giant Wipro has made a recent announcement that it is now a part of the American Technology giant Microsoft. Thus, with the latest purchase of the identity and access management startup, the Satya Nadella led company has added a fourth company to its acquisition list this year.
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After acquiring CyberX, Refirm, and RiskIQ last month, the Windows Operating System maker seems to have bought the said threat intelligence startup for a fancy price.
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Founded in the year 2015, CloudKnox helps in cutting down risks and security breaches in corporate networks. It is also a hit among customers using Amazon Web Services as it offers granular visibility, continuous monitoring, and automated remediation to all customers of Amazon Active Directory.
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As customers are showing a lot of interest in adopting hybrid and multi-cloud service platforms, CloudKnox offers privileged access with flexible work models to gain maximum cloud adoption benefits.
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After the acquisition, Microsoft is planning to integrate the newly acquired technology into its 365 Defender, Azure Defender, and Azure Sentinel products along with its Active Directory services.
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Note- As the past year i.e. 2020 was swept off with Corona Virus pandemic-led global shutdown and business slowdown, Microsoft is planning to invest $20 billion in the activity of acquisitions this year and seems to be focusing majorly on startups and technology spun-ups.