US tech giant Microsoft has confirmed the acquisition of Israeli Internet of Things (IoT) security company CyberX. The acquisition was announced in a blog by Michal Braverman-Blumenstyk, CVP, CTO, Cloud + AI Security, and Sam George, CVP, Cloud + AI Azure IoT. No financial details were disclosed but “Globes,” which was the first to report news of the deal early last month, estimates that Microsoft is paying $165 million for the Israeli company.