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Microsoft Reaches Agreement to Acquire StorSimple

Discussion in 'News' started by btarunr, Oct 16, 2012.

  1. btarunr

    btarunr Editor & Senior Moderator Staff Member

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    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."

    StorSimple solutions combine the data management functions of primary storage, backup, archive and disaster recovery with cloud integration, enabling customers to optimize storage costs, data protection and service agility. With its unique cloud snapshot capability, StorSimple automatically protects and rapidly restores production data using public clouds. Large enterprises across many vertical markets, including retail, oil and gas, manufacturing, consumer goods, healthcare, and financial services, have made their first public cloud deployments using StorSimple.

    "Most StorSimple customers are mainstream IT organizations that have chosen Windows Azure as their primary cloud. We are excited to continue to work with Microsoft and bring the combined benefits of StorSimple and Windows Azure to customers around the world," said Ursheet Parikh, co-founder and CEO, StorSimple.

    Terms of the deal were not disclosed.
     

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