Microsoft Corp (Nasdaq: MSFT) has acquired Israeli start-up Secured Dimensions for a few million dollars. Secured Dimensions has developed a technology for the protection of applications based on Microsoft’s .NET platform. This is the latest move in Microsoft’s expansion of its technological activity in the Israeli market, after the announcement of its new R&D center, and the acquisition of two other companies Whale Communications, and Gteko.
Secured Dimensions was co-founded in 2005 by CEO Avi Shilo, VP sales & business development Eli Keren, and CTO Boris Asipov. The company chose to focus on providing solutions for Microsoft-based work environments, and it has developed a code partitioning technology for the running of applications based on Microsoft’s .NET platform.
According to IVC online, Secured Dimensions raised $600,000 in seed financing a year ago, and had been seeking additional financing ever since. Its investors to date include former Microsoft Israel CEO Arie Scope, and Yair Goldfinger, co-founder of Mirabilis, and the RDT Group.
Published by Globes [online], Israel business news - www.globes.co.il - on January 8, 2007
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