Microsoft Acquires Cloud Security Firm CloudKnox Security For Undisclosed Sum

July 21, 2021 1:18 PM | 30 seconds read | Make a Comment

Microsoft Corp MSFT acquired Cloud Infrastructure Entitlement Management (CIEM) company CloudKnox Security to strengthen cloud security.
The financial terms of the transaction remain undisclosed.
CloudKnox offers complete visibility into privileged access.
It helps organizations right-size permissions and consistently enforce least-privilege principles to reduce risk, and it employs continuous analytics to help prevent security breaches and ensure compliance.
Microsoft held $125.41 billion in cash and equivalents as of Mar. 31.
Price action: MSFT shares traded higher by 0.42% at $280.49 on the last check Wednesday.