Microsoft has acquired Italy-basd Solair, which provides a number of Internet of Things (IoT) services for a variety of companies and industries.
Solair was founded in 2011 in Bologna, Italy. Microsoft stated that Solair's technology will soon be integrated into its Azure IoT Suite. It added:
Solair shares our ambition for helping customers harness their untapped data and create new intelligence with IoT, and this acquisition supports our strategy to deliver the most complete IoT offering for enterprises. We're excited about their technology and talent – and delighted to welcome them to the Microsoft team.
Solair's IoT customization and deployment solutions, built on Microsoft's Azure cloud platform, are engineered to help businesses in any industry utilize IoT to run more efficiently and profitably.
The specific financial terms of this latest acquisition by Microsoft were not revealed.