The IoT security technology provider had raised $48m in funding from investors including Qualcomm and Čez pre-acquisition.
Software provider Microsoft acquired US-based cybersecurity software producer CyberX on Monday in a deal that enabled mobile semiconductor producer Qualcomm and energy utility Čez to exit.
The price was not officially disclosed but unnamed sources told TechCrunch that Microsoft paid about $165m for the company, which had raised approximately $48m in funding.
Founded in 2013, CyberX provides cybersecurity software designed to protect unmanaged internet of things (IoT) or operational technology (OT) devices.
The product is intended to enhance the security…
