Microsoft just announced that it is acquiring Israeli start-up Whale Communications for $70-80M. Whale Communications is a security company, specializing in secure remote access and web application firewalls.
At the recent Microsoft VC Summit, Steve Ballmer made it loud and clear that they plan on increasing their pace of acquisition. The message is clear - they want the technology - and they're willing to pay for it, but not too much...This is also a great example of what Sagi referred to in his blog about the investment opportunities for VC's in the security space.
Congratulations to the employees and investors. Good luck!
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