Microsoft Buys Cloud File-Migration Company Mover
October 21 2019 - 3:13PM
Dow Jones News
By Kimberly Chin
Microsoft Corp. (MSFT) said Monday it has agreed to acquire
cloud file-migration company Mover as it moves to meet the demand
of clients transitioning to cloud services.
Mover will help Microsoft customers migrate files to Microsoft
365, the company's cloud-based suite of office products.
Microsoft already offers content-migrating services but Mover
will help enhance these offerings, the Redmond, Wash., company
said. Mover will provide more self-service options and make it
easier for administrators to do so, Microsoft said.
Mover supports other cloud-service providers such as Box Inc.
(BOX), Dropbox Inc. (DBX), and Alphabet Inc.'s (GOOGL) Google
Drive, which could help facilitate moving files to Microsoft's own
platforms, such as OneDrive and SharePoint.
Terms of the deal weren't disclosed.
Microsoft representatives couldn't immediately be reached.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
October 21, 2019 14:58 ET (18:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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