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Microsoft buying digital threat management firm RiskIQ for $500M
Updated:
Microsoft Corp. Monday confirmed it has agreed to acquire digital threat management firm RiskIQ Inc. for $500 million, according to a report today from Bloomberg.
According to people familiar with the matter, the deal was expected to be announced shortly, but Microsoft has now confirmed the deal. Microsoft is said to be buying the company to expand its products and better protect customers at a time of rising cyberattacks.
Founded in 2019, RiskIQ provides visibility and intelligence services to organizations that need to secure their Enterprise Digital Footprint and map their infrastructure. The company’s EDP is a security auditing engine that automatically maps out an organization’s externally accessible infrastructure.
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