Microsoft Acquires PhoneFactor; Terms Not Disclosed

Microsoft Corp. and PhoneFactor Inc. today announced that Microsoft has acquired PhoneFactor, a recognized leader in multifactor authentication (MFA) solutions. "The acquisition of PhoneFactor will help Microsoft bring effective and easy-to-use multifactor authentication to our cloud services and on-premises applications," said Bharat Shah, corporate vice president, Server and Tools Division for Microsoft. "In addition, PhoneFactor's solutions will help Microsoft customers, partners and developers enhance the security of almost any authentication scenario."