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 .

Further Reading

Enterprise search and natural language processing company Lucidworks raises another $100 million

News Commentary | August 20, 2019

The announcement comes shortly after the news that its competitor Sinequa (Lux Take: Positive) raised a $23 million funding round in July. Enterprise search is not a new application of natural language processing (NLP); however, the growing use of machine learning to improve text analytics and ... Not part of subscription

Palo Alto Networks announces plans to acquire IoT security startup Zingbox for $75 million

News Commentary | September 05, 2019

While the acquisition has yet to go through, it nonetheless speaks to the increasing interest and importance of IoT security today, fueled by the demand from physical industries and governmental agencies looking to secure their IoT devices. Zingbox's solution focuses on discovery of IoT assets, a ... Not part of subscription

Key trends from analyzing 270 AI acquisitions in 2019

Analyst Insight | March 06, 2020

As we continue to analyze M&A activity in the AI space, we were able to record 270 publicly announced AI acquisitions in 2019 using our in‑house‑developed supervised machine learning and natural language processing (NLP) capabilities, which have enabled us to automate the process and to capture ... Not part of subscription