Microsoft will acquire hybrid cloud storage company Avere Systems for an undisclosed price.
The Pittsburgh-based company, founded in 2008, has raised about $97 million to date. It added Google as an investor in its most recent $14 million Series E funding round.
Avere also lists Google and Amazon Web Services (AWS) as cloud partners — but not Microsoft Azure. Once the deal closes, Avere will continue to support third-party cloud providers, according to a Microsoft spokesperson.
“By bringing together Avere’s storage expertise with the power of Microsoft’s cloud, customers will benefit from industry-leading innovations that enable the largest, most complex high-performance workloads to run in Microsoft Azure,” wrote Jason Zander, corporate vice president of Microsoft Azure, in a blog post about the acquisition.
In a separate blog post, Ronald Bianchini Jr., president and CEO of Avere Systems, detailed how his company’s technology helps enterprises optimize on-premises storage and move mission-critical workloads to the cloud.
“Avere’s cloud solutions provide low-latency data access to data center storage resources, remote offices and the public cloud,” he wrote.“Our customers efficiently share both storage and compute resources across multiple data centers, and effectively implement and use private and public cloud infrastructures.”
The two companies’ shared focus on enterprise applications “makes Microsoft a great fit for Avere,” Bianchini added.
The purchase comes as Microsoft, the No. 2 public cloud provider, is working to boost its hybrid cloud offerings.
In September, it began shipping the Microsoft Azure Stack, which lets enterprises build a private-cloud version of the Azure public cloud in their own data centers. It also recently added new security services and features, along with greater support for containers and serverless computing.
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