About This Deal
Microsoft Corporation acquired StorSimple Inc., a transaction announced in October 2012.
StorSimple Inc. operates in Server and Tools Division, is based in Mountain View, California, USA. StorSimple provided cloud-integrated storage arrays that combined primary storage, backup, archiving, and disaster recovery with automatic tiering to cloud storage. Microsoft acquired StorSimple to advance its Cloud OS vision and help enterprises facing rapid data growth adopt hybrid cloud by seamlessly linking on-premises storage with the cloud.
Integrate cloud storage with customers' existing on-premises IT investments through intelligent automation and management, enabling efficient storage, management, and archiving of explosive data growth.
Deal Terms
Transaction Details
Advisors
Advisory firms were not disclosed for this transaction.
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