About This Deal

Microsoft Corporation acquired Solair, a transaction announced in May 2016.

Solair operates in Azure IoT Suite, is based in Italy. Solair is an Italian Internet-of-Things company whose platform helps enterprises in manufacturing, retail, food & beverage and transportation collect and act on data from connected devices. Microsoft acquired it to strengthen its end-to-end enterprise IoT offering and fold Solair's technology into the Azure IoT Suite.

Solair's IoT deployment and customization technology supports Microsoft's strategy to deliver the most complete IoT offering for enterprises and helps customers harness untapped data.

Deal Terms

Acquirer
Microsoft Corporation
Target
Solair
Value
Not disclosed
Date
May 2016
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Italy
Segment
Azure IoT Suite
Announced
May 3, 2016

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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