Microsoft is seeking to acquire CyberX, an Internet of Things (IoT) cybersecurity startup that works closely with Microsoft Azure Security Center and numerous Top 200 MSSPs (managed security services providers).If the buyout happens, Microsoft will pay roughly $165 million, a Globes report says.Update - June 22, 2020: Microsoft Confirms CyberX Acquisition.CyberX's software provides visibility into unmanaged IoT devices and industrial control system (ICS) infrastructure -- such as wireless sensors, printers, routers, CCTV cameras, smart TVs, and smart building devices. The company's software improves IT asset management, network segmentation, risk vulnerability management, threat detection and response, SOC (security operations center) visibility and centralized management, CyberX documentation asserts.Related Report, May 1, 2020: Microsoft seeks to acquire Softomotive for robotic process automation (RPA) software. DXC Technology IBM Security Optiv Security Orange Business Services Presidio; and Trustwave, among others. The company also works with key technology suppliers to MSSPs (such as Fortinet and Palo Alto Networks).CyberX's customer base spans:Three of the top 10 global pharmaceutical companies Four of the top 10 global telecommunications companies Three of the top 10 U.S. energy utilities Two of the top five French manufacturers Two of the top 20 Japanese enterprises