New acquisition confirmed for Microsoft: this time it’s to Affirmed Networks, a company specializing in the manufacture and supply of solutions, virtualized networking, and cloud-based offering to operators that are active in the area of telecommunications. So the group of Redmond aims to expand its radius of action towards the ecosystem, 5G and edge computing.
5G: Affirmed Networks is the acquisition of Microsoft
The magnitude of the economic investment put on the plate to close the deal was not disclosed. It is known that Affirmed Networks has raised in the past funding for a total of 155 million dollars. Among its customers are some of the telco ‘s most important in the world such as AT&T, Orange, Vodafone, Telus, Turkcell and the STC. These are the words of Yousef Khalidi, Corporate Vice President of Microsoft Azure Networking.
As we have seen for other technological transformations, we believe that software will play an important role in helping the evolution of 5G and to give life to new network solutions that can offer concrete benefits in terms of speed, cost, and safety.
Just announced: @Microsoft has signed a definitive agreement to acquire Affirmed Networks. Learn more: https://t.co/beYqDwIStJ pic.twitter.com/R6wHmYYIVJ
— Affirmed Networks (@AffirmedNetwork) March 26, 2020
Thanks to the experience and the know-how of Affirmed Networks, the group of Redmond will be able to offer operators an alternative to data center owners used in the past, relying on the techniques of virtualization and global infrastructure, such as that of Azure, reducing costs compared to the installation of dedicated hardware, and increasing performance.
Recently, Google has moved in the same direction by announcing solutions Anthos for Telecom and Global Mobile Edge-Cloud. Returning to the acquired company, just yesterday (before that it was the official transfer of ownership) has been announced the new CEO and President, identified in Anand Krishnamurthy, in the company since 2010 and already COO, in the past at the service of Ascend Communications, Lucent Technologies and Airvana.