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Microsoft To Acquire StorSimple

[Techtaffy Newsdesk]

Microsoft has reached a definitive agreement to acquire StorSimple, a  Cloud-integrated Storage (CiS) solutions company.  Terms of the deal were not disclosed.

Michael Park (Corporate vice president, Server and Tools Division for Microsoft): 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.

StorSimple solutions combine the data management functions of primary storage, backup, archive and disaster recovery with cloud integration.  StorSimple  investors  include Ignition Partners, Index Ventures, Mayfield Fund and Redpoint Ventures.

 

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