Microsoft is seeking to acquire CyberX, an Internet of Things (IoT) cybersecurity startup that works closely with Microsoft Azure Security Center and numerous Top 200 MSSPs (managed security services providers).
If the buyout happens, Microsoft will pay roughly $165 million, a Globes report says.
CyberX’s software provides visibility into unmanaged IoT devices and industrial control system (ICS) infrastructure — such as wireless sensors, printers, routers, CCTV cameras, smart TVs, and smart building devices.
The company’s software improves IT asset management, network segmentation, risk vulnerability management, threat detection and response, SOC (security operations center) visibility and centralized management, CyberX documentation asserts.
CyberX: Microsoft and MSSP Relationships
CyberX in February 2020 announced API-level integration with Microsoft Azure Security Center for IoT. The move “enabling joint clients to gain a unified view of security across all their managed and unmanaged IoT devices,” the company said at the time.
CyberX in February also joined the Microsoft Intelligent Security Association, which is a group of technology providers who have integrated their solutions with Microsoft products to provide customers better protection, detection, and response.
MSSP Relationships: CyberX’s strategic partners include resellers, managed security services providers (MSSPs) andcybersecurity technology companies.