Microsoft buys secure access company
InternetNews | at | by Mike
Microsoft Tuesday said it has purchased a Mountain View, Calif.-based security company to better secure its core file services including its Windows platform and .NET initiative. The Redmond, Wash-based software giant has acquired the assets of XDegrees for an undisclosed amount of cash and is in the process of relocating the team of 12 or 14 engineers to the Microsoft campus.
While Microsoft is not talking about the specific details of the deal, Tanne did confirm that XDegrees would be working with Dave Thompson and Microsoft's core file services group. The two companies have worked before, but not on a commercial basis. Last November, XDegrees developed a new application for secure information exchange for use with Microsoft's Windows Messenger and Microsoft.NET My Services. Tanne said it was up to Microsoft to fill in the "how and when" they would announce products with XDegrees inside.