Microsoft plans to acquire cyber security company Adallom. Microsoft plans to acquire cyber security company Adallom. Microsoft plans to acquire cyber security company Adallom. (Photo: Ken Wolter / Shutterstock.com)

Microsoft's new acquisition bolsters its security credentials

Adallom is the fourth Israeli startup the tech giant has bought this year.

Microsoft is set to acquire cyber security company Adallom for $320 million, multiple news sites are reporting.

The acquisition should not come as surprise. The Israeli startup first made headlines in December 2013, just a year after it was founded, when it exposed a break-in to the security server of Microsoft Office 365.

The company, which has around 60 employees and offices in Tel Aviv, Israel, and Palo Alto, California, develops cloud security platforms and is likely to become the center for Microsoft's cyber security business in Israel.

The Washington-based Microsoft has had a busy 2015 in Israel. Adallom is the fourth startup it has acquired in the country this year. The others are security software developer Aorato, text analysis firm Equivio, and digital pen maker N-trig.

It isn't the only tech giant eager to acquire Israeli startups. Last week Facebook announced it was acquiring Pebbles Interfaces, which has created a hand-gesture tool that allows a person wearing an Oculus Rift to use their hands to hold and move things in their virtual world. And earlier this year, Apple announced plans for a 180,000 square-foot research center in Israel.

Learn more about Adallom by watching this video:

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Microsoft's new acquisition bolsters its security credentials
Adallom is the fourth Israeli startup the tech giant has bought this year.