A Leading Technology Giant Acquires Data Privacy and Governance Service Provider

A Leading Technology Giant Acquires Data Privacy and Governance Service Provider | Business Magazine | CIOLook
A Leading Technology Giant Acquires Data Privacy and Governance Service Provider | Business Magazine | CIOLook

A Leading Technology Giant Acquires Data Privacy and Governance Service Provider

Microsoft, an eminent technology giant, has recently announced the acquisition of Blue Talon along with its team. Blue Talon allows its clients to set policies for their employees to access their relevant data. Then, it imposes those policies to well-known data environments and also caters tools for auditing policies and access to data. Both of the companies have refused to disclose the transaction details.

Blue Talon had raised over $27.4 million in Venture Capital with a list of investors including Signia Venture Partners, Bloomberg Beta, Stanford’s StartX Fund, and Maverick Ventures.

Rohan Kumar, Corporate VP of Microsoft’s Azure Data, states, “The IP and talent acquired through Blue Talon brings a unique expertise at the apex of big data, security and governance. This acquisition will enhance our ability to empower enterprises across industries to digitally transform while ensuring right use of data with centralized data governance at scale through Azure.”

Blue Talon’s team will become a part of Azure Data Governance group and will be involved in the development of Microsoft’s potential over data policy and governance.

Eric Tilenius, CEO of Blue Talon, has announced, “As we began exploring partnership opportunities with various hyper-scale cloud providers to better serve our customers, Microsoft deeply impressed us. The Azure Data team was uniquely thoughtful and visionary when it came to data governance. We found them to be the perfect fit for us in both mission and culture. So when Microsoft asked us to join forces, we jumped at the opportunity.”

The expected result with the acquisition is to fulfill the increasing requirement of centralized access controls as enterprises are becoming more data-centric. It has also been noted that the process of operation won’t be easy to match new privacy policy laws.

For More Information about Blogs and News: Click Here