Microsoft Corp. apparently is trying to bolster its cloud security offerings -- including an emphasis on SaaS data security. Toward that end, Microsoft plans to buy Adallom for $320 million, according to unconfirmed reports.

Adallom's cloud basically applies a security platform to third-party SaaS applications -- including Office 365, Google Apps, Salesforce.com and more. An API approach, Adallom claims, allows the company to support any user on any device on any network -- without breaking or hurting the SaaS application along the way.

Positioned as a Cloud Access Security Broker, Adallom raised $30 million in Series C funding back in April 2015 -- including an investment from Hewlett-Packard ventures. The company launched in January 2012 and quickly developed its SmartEngine heuristics technology.

Microsoft's alleged buyout of Adallom surfaced in Calcalist -- an Israeli financial newspaper. The Wall Street Journal on July 20 cited two unnamed sources who were familiar with the deal. Microsoft declined to comment to the Journal.

The big question: Assuming the deal happens, will Microsoft maintain Adallom's cross-platform approach to cloud security -- working with a long list of SaaS applications?

Microsoft CEO Satya Nadella certainly has been more open-minded in his software approach compared to former CEO Steve Ballmer. Moreover, Microsoft has relationships with many of the cloud platform providers that Adallom supports -- though Google Apps and Amazon Web Services certainly aren't on Microsoft's friend list.

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