Categories: Business

Microsoft acquires cybersecurity firm RiskIQ for $500M

Microsoft has reached a deal to acquire RiskIQ, a San Francisco-based provider of cybersecurity services, including malware and spyware monitoring and mobile app security. RiskIQ’s services and solutions will join Microsoft’s suite of cloud-native security products, including Microsoft 365 Defender, Microsoft Azure Defender, and Microsoft Azure Sentinel. While Microsoft hasn’t valued the deal, Bloomberg reported that the company is said to be paying more than $500 million for RiskIQ.

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RiskIQ uses machine learning applications to analyze threats. The cloud-based RiskIQ software detects security issues across networks and devices, and the company lists Box, the US Postal Service, BMW, Facebook, and American Express as customers. RiskIQ was originally founded in 2009 and has gradually become an important player in analyzing security threats.

Important takeaways for all competitive exams:

Microsoft CEO and Chairman: Satya Nadella;
Microsoft Headquarters: Redmond, Washington, United States.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.