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Microsoft confirms acquiring cloud monitoring startup

Jun. 29, 2017 10:16 AM ETMicrosoft Corporation (MSFT) StockMSFTBy: Brandy Betz, SA News Editor14 Comments
  • Microsoft (NASDAQ:MSFT) confirms earlier rumors that the company acquired Cloudyn, a cloud-focused monitoring and analytics startup.
  • Deal was rumored at $50M to $70M but Microsoft didn’t confirm the financials.
  • Cloudyn helps cloud customers monitor usage costs to create a more efficient experience, which could prove valuable to Azure enterprise clients. 
  • Microsoft Azure falls behind Amazon Web Services' cloud platform market share of 33% but Microsoft does retain about 95% of the enterprise productivity market.
  • Previously: Box, Microsoft announce partnership to co-sell products (June 27)

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