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Deputy Secretary of State Wendy Sherman will visit China next week

Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020.Samyukta Lakshmi | Bloomberg | Getty ImagesMicrosoft on Monday said it's acquiring CyberX, a cybersecurity start-up focused on internet-connected industrial equipment. Terms of the deal weren't disclosed, although a May report from Israeli news outlet Globes said Microsoft was in talks to pay $165 million for the startup.Microsoft offers security products across several categories, including antivirus software and a service for securing the use of cloud applications. In recent years the company has become more interested in managing systems in the so-called internet of things, or IoT; last year it bought Express Logic, a company that makes an operating system for connected devices.With the acquisition of CyberX, Microsoft will gain additional technology for monitoring corporate hardware like alarms, cameras, phones and industrial control systems for security vulnerabilities."CyberX will complement the existing Azure IoT security capabilities, and extends to existing devices including those used in industrial IoT, operational technology and infrastructure scenarios," Microsoft corporate vice presidents Michal Braverman-Blumenstyk and Sam George wrote in a blog post."With CyberX, customers can discover their existing IoT assets, and both manage and improve the security posture of those devices. Read the full article

Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020.Samyukta Lakshmi | Bloomberg | Getty ImagesMicrosoft on Monday said it's acquiring CyberX, a cybersecurity start-up focused on internet-connected industrial equipment. Terms of the deal weren't disclosed, although a May report from Israeli news outlet Globes said Microsoft was in talks to pay $165 million for the startup.Microsoft offers security products across several categories, including antivirus software and a service for securing the use of cloud applications. In recent years the company has become more interested in managing systems in the so-called internet of things, or IoT; last year it bought Express Logic, a company that makes an operating system for connected devices.With the acquisition of CyberX, Microsoft will gain additional technology for monitoring corporate hardware like alarms, cameras, phones and industrial control systems for security vulnerabilities."CyberX will complement the existing Azure IoT security capabilities, and extends to existing devices including those used in industrial IoT, operational technology and infrastructure scenarios," Microsoft corporate vice presidents Michal Braverman-Blumenstyk and Sam George wrote in a blog post."With CyberX, customers can discover their existing IoT assets, and both manage and improve the security posture of those devices. Read the full article

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The company acquisition is not the new thing nowadays. When a small company or a startup gets popularity they can be acquired by the big size companies. Just like recently Facebook acquired Whatsapp Inc. and Walmart acquired Flipkart.