- Nov 10, 2017
Microsoft announced last month the acquisition of ReFirm Labs, which provides tools to help secure Internet of Things and connected devices. The acquisition bolstered the company's Azure Defender for IoT platform to help customers fend off sophisticated attacks.
Now, the software giant appears to be expanding its portfolio of security services with another acquisition. Microsoft is reportedly snapping up RiskIQ, a cybersecurity firm that provides protection against various forms of online threats through its software-as-a-service platform. A report from Bloomberg claims the company is paying more than $500 million in cash for the acquisition.