Microsoft Acquires Israeli Cloud Firm Cloudyn

Microsoft has announced that it will acquire Israel-based cloud management company Cloudyn and the company has signed a definitive agreement regarding this.

This was announced in the company’s official blog by Jeremy Winter.

“This acquisition fits squarely into our commitment to empower customers with the tools they need to govern their cloud adoption and realize the strategic benefits of a global, trusted, intelligent cloud,” said Jeremy Winter, Director of Program Management, Microsoft Azure Security and Operations Management.

Cloudyn facilitates its customers with software programmed tools that help to identify, measure and analyze consumption on a regular basis, enable accountability and forecast future cloud spending.

As a Microsoft partner, Cloudyn has supported cost management for Microsoft Azure and other public clouds, helping customers continuously improve their cloud efficiency. Its customers have been able to optimize their cloud services usage and costs through automated monitoring, analytics and cost allocation.

Since working with Cloudyn, one U.S.-based Fortune 500 customer has seen a 286 percent return on investment (ROI) with regard to their cloud efficiencies, demonstrating Cloudyn’s ability to help customers accelerate their cloud adoption. Cloudyn capabilities will be incorporated into our product portfolio that offers customers the industry’s broadest set of cloud management, security and governance solutions, the blog mentions.

The blog, however, does not talk about the value of the deal. The acquisition awaits regulatory approval at present.

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