Microsoft acquires Cloudyn to bolster Azure customer tools
Microsoft today has announced its acquisition of Cloudyn, a cloud management company that provides tools to help customers understand the cost of their projects. The acquisition, Microsoft says, will bolster efforts to help Azure customers get a granular look at their cloud spending.
The Cloudyn acquisition was previously rumored to be in the works as far back as April, but today's news confirms it. At the time, TechCrunch reported that the value of the deal hovered somewhere between 50 and 70 million. Microsoft has not revealed the cost of the acquisition, and it is still subject to regulatory approval.
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Dan Thorp-Lancaster is the former Editor-in-Chief of Windows Central. He began working with Windows Central, Android Central, and iMore as a news writer in 2014 and is obsessed with tech of all sorts. You can follow Dan on Twitter @DthorpL and Instagram @heyitsdtl.