Microsoft acquires security software maker

jsimon at pop.sfrn.dnai.com jsimon at pop.sfrn.dnai.com
Wed Sep 11 01:46:05 EDT 2002


http://www.infoworld.com/articles/hn/xml/02/09/10/020910hnxdegrees.xml

SAN FRANCISCO - Microsoft has acquired a small maker of security 
software, strengthening its arsenal as it works to improve the 
security and reliability of its products, the company confirmed 
Tuesday.

Microsoft agreed to purchase all the assets of XDegrees for an 
undisclosed amount, according to a statement issued by the start-up 
software maker, in Mountain View, California. Some employees will 
relocate to Microsoft's headquarters, in Redmond, Washington.

A Microsoft spokeswoman declined to comment on any other details of the deal.

XDegrees makes software to let users securely gain access to and 
exchange information stored in enterprise computing systems. In 
November it announced that it had tuned its products to work with 
some of Microsoft's .Net software, including the Passport single 
sign-on authentication service and the .Net Alerts technology.

Founded in 2000, XDegrees was backed by venture capital firms 
Redpoint Ventures and Cambrian Ventures.


Matt Berger is a San Francisco-based correspondent for the IDG News 
Service, an InfoWorld affiliate.

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