Microsoft Confirms Hexadite Acquisition — The Motley Fool


What happened?

Officially confirming a deal that had been previously been reported in the media, Microsoft (NASDAQ:MSFT) announced it signed an agreement to acquire privately held company Hexadite. Neither Microsoft or Hexadite disclosed the terms or the price of the acquisition, although media reports in late May put the latter at roughly $100 million.

Hexadite was founded in Israel but is now headquartered in Boston. In Microsoft’s words, the company’s mission is “delivering agentless, automatic incident investigation and remediation solutions.”

IMAGE SOURCE: GETTY IMAGES.

Microsoft’s executive vice president of the Windows and Devices Group, Terry Myerson, said that owning Hexadite “will augment our existing capabilities and enable our ability to add new tools and services to Microsoft’s robust enterprise…



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