CyberX: Microsoft Is Quietly Becoming A Cybersecurity Powerhouse
Microsoft (NASDAQ:MSFT) recently agreed to purchase CyberX, a developer of cybersecurity solutions for the industrial IoT (Internet of Things) market. Microsoft didn't disclose the value of the deal, but TechCrunch claims it was worth roughly $165 million.
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CyberX is an IoT security platform that provides network segmentation, threat detection and behavioral analytics solutions for businesses.
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