Microsoft Acquires Composable Infrastructure Provider Fungible
January 09 2023 - 1:12PM
Dow Jones News
By Denny Jacob
Microsoft Corp. on Monday said it acquired composable
infrastructure provider Fungible Inc.
The tech giant said the Fungible team will join its datacenter
infrastructure engineering teams and will focus on delivering
multiple data processing units, network innovation and hardware
systems advancements. Fungible's technologies help enable
high-performance, scalable datacenter infrastructure, Microsoft
said.
Terms of the acquisition weren't disclosed.
"We are proud to be part of a company that shares Fungible's
vision and will leverage the Fungible DPU and software to enhance
its storage and networking offerings," Fungible said in an article
on its website.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 09, 2023 12:57 ET (17:57 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Microsoft (NASDAQ:MSFT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Microsoft (NASDAQ:MSFT)
Historical Stock Chart
From Apr 2023 to Apr 2024