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MSFT Microsoft Corporation

395.65
6.32 (1.62%)
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Last Updated: 00:30:23
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.32 1.62% 395.65 395.30 395.90 401.7199 390.31 392.73 23,553,745 00:30:23

Microsoft Acquires Composable Infrastructure Provider Fungible

09/01/2023 6:12pm

Dow Jones News


Microsoft (NASDAQ:MSFT)
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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.

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