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.
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.
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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