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Announced

Completed

Microsoft completed the acquisition of Mover.

Financials

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

Tags

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cloud storage

Majority

Friendly

online platform

Online and Social Platforms

Private

Canada

migration technology

Single Bidder

Acquisition

Completed

Synopsis

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Microsoft completed the acquisition of Mover, a provider of cloud file migration, including admin-led and self-service offerings. Financial terms were not disclosed. Mover supports migration from over a dozen cloud service providers – including Box, Dropbox, Egnyte, and Google Drive – into OneDrive and SharePoint, enabling seamless file collaboration across Microsoft 365 apps and services, including the Office apps and Microsoft Teams. The Mover team also brings deep expertise and migration technology, which advances Microsoft’s commitment to providing organizations of all sizes with the right tools, people and partners to successfully migrate to the Microsoft Cloud.

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