Microsoft has confirmed it has agreed to buy the Infosys-backed cloud analytics platform, for a price previously touted as up to $70m.
Diversified software provider Microsoft has agreed to acquire Cloudyn, an Israel-based cloud analytics technology developer backed by IT services provider Infosys, in a deal previously reported to be between $50m and $70m.
Cloudyn produces software that automates cloud monitoring, analytics and optimisation for enterprises, giving them insights into the consumption, cost and performance of their multi-platform, hybrid cloud software.
The company’s technology will be incorporated into the Microsoft Azure cloud computing platform. The size of the deal was originally…