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New Deal


Announced

Microsoft acquires Movere.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Data Centers and Hosting

Pending

Private

United States

cloud

Acquisition

Natural

Single Bidder

Synopsis

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Microsoft has acquired Movere, an innovative technology provider in the cloud migration space. Financial terms were not disclosed. Movere’s innovative discovery and assessment capabilities will complement Azure Migrate and our integrated partner solutions, making migration an easier process for our customers. We believe that successful cloud migrations enable business transformation, and this acquisition underscores our investments to make that happen. "We’re committed to providing our customers with a comprehensive experience for migrating existing applications and infrastructure to Azure, which include the right tools, processes, and programs. As part of that ongoing investment, we’re excited to welcome the leadership, talent, technology, and deep expertise Movere has built in enabling customers’ journey to the cloud over the last 11 years." Jeremy Winter, Azure Microsoft Partner Director.

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