Microsoft acquires cloud optimization company Cloudyn

Microsoft has signed a definitive agreement to acquire cloud optimization company Cloudyn. Financial terms of the deal was not disclosed, but the transaction is reportedly in the range of $50 to $70 million.

“This acquisition fits squarely into our commitment to empower customers with the tools they need to govern their cloud adoption,” Jeremy Winter, director of program management, Azure Security and Operations Management, said in a statement. Cloudyn capabilities will be incorporated into Microsoft’s product portfolio.

You can find a blog post from Cloudyn on the acquisition here.

Cloudyn has an office in Rosh Ha’Ayin, Israel, as well as two US offices in Massachusetts and New York. Investors in the company include Infosys, Carmel Ventures, Roseed, and Titanium Investments.

The closing of the acquisition is subject to regulatory approval.

[Image courtesy: Microsoft]


Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.