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|17th October 2012, 07:38||#1|
Join Date: May 2010
Microsoft Reaches Agreement to Acquire StorSimple
Microsoft Corp. and StorSimple Inc. today announced that Microsoft has reached a definitive agreement to acquire StorSimple, a leader in Cloud-integrated Storage (CiS) solutions. The addition of CiS will advance Microsoft's Cloud OS vision and help customers more efficiently embrace hybrid cloud computing.
"Customers faced with explosive growth in data are looking to the cloud to help them store, manage and archive that data. But, to be effective, cloud storage needs to integrate with IT's current investments," said Michael Park , corporate vice president, Server and Tools Division for Microsoft. "StorSimple's approach helps customers seamlessly integrate on-premises storage with cloud storage through intelligent automation and management."
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