Microsoft Completes Its Purchase Of Cloud-Integrated Storage Solution Provider StorSimple

Posted on Nov 16 2012 - 5:45am by Editorial Staff

Microsoft new logo 300x110 Microsoft Acquires Cloud Integrated Solutions Provider StorSimple, Terms Not Disclosed

Back in October, Microsoft announced that it had acquired Cloud-integrated Storage (CIS) solutions provider StorSimple. The Next Web is reporting now that the acquisition has been completed although still the deal terms were not out, but StorSimple had asked for some $31.5 million. The deal lets now combines the data management functions of primary storage, backup, archive and disaster recovery with cloud integration.

“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 at the time of acquisition. “StorSimple’s approach helps customers seamlessly integrate on-premises storage with cloud storage through intelligent automation and management.”

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.