Microsoft rumored to be acquiring industrial cybersecurity startup CyberX, which will create a force to be reckoned with

May 11, 2020
Digital Transformation More...
by Katrina Westerhof
Very important

An Israeli news source broke the story, placing the price tag at $165 million. CyberX, which provides device visibility, anomaly detection, and forensics for industrial IoT, announced integration with Azure Security Center for IoT in February, perhaps foreshadowing the acquisition. Azure has numerous integrations with third-party IoT security solutions, but this is Microsoft's first industrial IoT security acquisition. Given that we're hearing in our conversations that Azure has become the dominant cloud provider for industrial deployments, this acquisition is a threat to competitors like Nozomi and Claroty, particularly as anomaly detection vendors have been increasingly competing on cost rather than capability. 

For the original news article, click here .

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