In a company blog post today, Microsoft’s Jeremy Winter wrote, “I am pleased to announce that Microsoft has signed a definitive agreement to acquire Cloudyn, an innovative company that helps enterprises and managed service providers optimize their investments in cloud services.”
As companies continue to pursue a multi-cloud strategy, this gives Microsoft a cloud billing and management solution that provides it with an advantage over competitors, particularly AWS and Google Cloud Platform.
Microsoft has acquired several other Israeli enterprise security firms, including Aorato, Adallom and Secure Islands, and earlier this month it bought Hexadite, another security firm, for $100 million, according to sources.
