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XDegrees Acquired by Microsoft | |
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||
| Time: 14:57 EST/19:57 GMT | News Source: PR Newswire | Posted By: Byron Hinson | ||
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XDegrees, Inc., an innovative provider of solutions for secure information access across the extended enterprise, today announced that it had been acquired by Microsoft. As a result of the transaction, Microsoft will acquire the assets of XDegrees for an undisclosed amount, and a team will relocate to Redmond, Washington. "Enterprises today require robust solutions for secure and efficient access to information distributed across the enterprise," said Michael Tanne, founder and CEO of XDegrees. "Our team is very excited about joining the world's leading software company, where they can make a difference in Microsoft's solutions." | ||
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