Microsoft to Acquire Cloud Communications Specialist Metaswitch Networks
Microsoft (NASDAQ: MSFT) is moving to expand its cloud communications portfolio. The tech giant announced today that it has signed a definitive agreement to acquire cloud communications specialist Metaswitch for an undisclosed amount.
Metaswitch provides cloud-based voice, data, and communication software solutions for telecommunication providers. Its portfolio includes products that address the 5G market, which confirms Microsoft's commitment to that mobile technology. Last month, Microsoft announced its plan to acquire mobile telecommunications specialist Affirmed Networks for its cloud-based 4G and 5G software solutions.
Yousef Khalidi, corporate vice president of Azure networking, today confirmed the company's focus on 5G, saying in a blog post: "As the industry moves to 5G, operators will have opportunities to advance the virtualization of their core networks and move forward on a path to an increasingly cloud-native future. Microsoft will continue to meet customers where they are, working together with the industry as operators and network equipment providers evolve their own operations."
Source Fool.com
