Microsoft made another Azure acquisition Thursday, adding Israel’s Cloudyn and its cloud monitoring and analytics tools to the Azure team.
Cloudyn’s tools help customers understand how much they are spending across multicloud environments, tracking spending and even offering recommendations for more efficient usage. “This acquisition fits squarely into our commitment to empower customers with the tools they need to govern their cloud adoption and realize the strategic benefits of a global, trusted, intelligent cloud,” said Jeremy Winter, director of program management, Azure security and operations management, in a blog post announcing the deal.
Techcrunch reported that the purchase price fell between $ 50 million and $ 70 million, in line with earlier reports of a pending deal by Israeli business publication Calcalist. Already this year, Microsoft has acquired Deis, Intentional Software, and Hexadite to round out parts of its Azure portfolio in hopes of gaining more ground in the public cloud market.
It’s also a sign that multicloud and hybrid cloud deployments are the new reality for public cloud vendors, who have at times attempted to argue that all of a company’s workloads are best off in a single public cloud. Cloudyn’s products are specifically designed to work across multiple environments, meaning that Azure now offers its customers a tool that can help them use Amazon Web Services more effectively.