Microsoft has acquired a small security software manufacturer as
part of its continued drive to improve product security and
reliability.
The software giant has agreed to purchase all the assets of
XDegrees for an undisclosed amount, according to a statement issued
by the start-up software maker, which is based in California, USA.
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.