Microsoft could pay up to $70m for the cloud optimisation platform, which has raised more than $20m in funding including $4m from Infosys last August.

Software provider Microsoft has entered talks to acquire Israel-based cloud technology provider Cloudyn for between $50m and $70m in a deal that will allow IT services provider Infosys to exit, Calcalist has reported.

Founded in 2011, Cloudyn has developed a software platform that automates cloud monitoring, analytics and optimisation, allowing enterprises to track the efficiency and cost of their hybrid cloud capabilities.

Microsoft, the operator of the Azure cloud computing platform, is already a Cloudyn partner, and Cloudyn announced last…