Microsoft CEO Satya Nadella delivers the keynote address during the Microsoft Build 2016 Developers Conference in San Francisco.Microsoft announced Monday that it will acquire startup CyberX, which helps secure Internet of Things devices.Microsoft announced a $5 billion investment in IoT in 2018, and it plans to further focus on IoT security.Microsoft announced Monday that it's acquiring startup CyberX to help customers secure their connected devices.
Connected gadgetry, known collectively as Internet of Things devices, are frequently used in sectors including manufacturing, energy, agriculture, healthcare, , and the like. CyberX helps users with securing IoT devices and monitoring for threats. It had raised a total of $47.82 million, according to PitchBook.
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Startup!! More than 8 years in the industry, and still startup?!
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