Published By : 12 Jun 2017 | Published By : QYRESEARCH
Microsoft is acquiring Hexadite, an Israel-based startup that delivers artificial intelligence-based cybersecurity services. Prompted by the increase in ransomware attacks, the technology giant recently entered into an agreement with this US-headquartered firm in a bid to expand its portfolio of security offerings.
The Microsoft’s executive VP, Windows and devices group, Terry Myerson, stated that “their vision is to offer a new generation of security proficiency to help their customers in diagnosing and countering the ever-evolving and continually changing cyber threat landscape in an effort to protect their important data.” “Hexadite’s talent and technologies will boost up their existing competence and will fuel their capabilities to integrate new tools and services to the company’s enterprise security offerings,” he further added.
Microsoft Hopes to Support WDATP with This Deal
Hexadite will be fully merged with the Windows and device group of Microsoft after a period of integration. Although the terms of the partnerships have not been disclosed, it is believed that the deal was fixed at a handsome amount of US$100 million. Microsoft hopes to support its Windows Defender Advanced Threat Protection (WDATP) services with this acquisition, as it will be adding the artificial intelligence-based automatic investigation and remediation capabilities of Hexadite to its offerings, thereby making the response and remediation quicker and more efficient.
Now, WDATP will also have endpoint security automated remediation. Currently, Hexadite is headquartered in Boston while is research team sits at Tel Aviv in Israel.