When We Talks

Microsoft acquires Fungible, a data center infrastructure company – GeekWire


(Fungible Photo)

Microsoft has acquired Fungible, a 6-year-old startup that helps companies with data center storage and networking needs.

“The Fungible team will join Microsoft’s datacenter infrastructure engineering teams and will focus on delivering multiple [data processing unit] solutions, network innovation and hardware systems advancements,” Microsoft said in a blog post.

Fungible, based in Silicon Valley, raised a $200 million Series C round led by SoftBank in 2019 and cut its workforce in August. The company was founded by former Apple engineering leader Bertrand Serlet and CEO Pradeep Sindhu, who co-founded Juniper Networks.

Earlier reports pegged the deal at $190 million.


Source link

Related posts

MacKenzie Scott gives $39M and Ballmer Group gifts $21M to education nonprofits – GeekWire

Effie Weber

Inspired by scientist CEOs, Seattle startup lands $9.75M to build up drug discovery platform – GeekWire

Effie Weber

MacKenzie Scott files for divorce from teacher Dan Jewett after less than 2 years – GeekWire

Effie Weber