The Microsoft has acquired the Italian IoT company. The company was built on the Microsoft’s Azure Cloud platform, and operating in the Internet of Things area. The company which is acquired by Microsoft is “Solair”.
The Solair was launched in 2011, mainly focused on developing the Internet of Things solutions for Businesses, instead of the retail consumers. The Solair created applications for many companies, like AEG Power Solutions, Bosch Rexroth and Japanese power company, Aiwa. The Microsoft’s Azure Internet of Things Suite helps users, mainly the businesses to monitor the systems and apply data analysis service to enhance the efficiency of firms. After this acquisition of Solair, the Microsoft will integrate their service for Microsoft Azure Cloud service users.
The Acquisition was announced at the Official website of Solair. The Sam George, who is the partner at Microsoft Azure, said that the Solair and Microsoft Azure share the same viewpoints, i.e., helping businesses with the advanced IoT solutions. That’s why the Solair acquisition will help Microsoft to boost their Azure Business. Also, the Solair CEO Tom Davis said that the Acquisition marks the start of new chapter in Solair’s progress. The company will continue to work as the independent brand, but will work under Microsoft’s roofs. The both companies have not disclosed the financial details of this deal.