Microsoft has announced that it will acquire startup company Avere Systems, a vendor that builds appliances for high-performance network-attached storage (NAS) in hybrid environments, in a bid to boost its cloud storage capabilities and hybrid cloud offerings.
Founded in 2008, Avere, the Pittsburgh-based NAS vendor, started out as a company that focused on the data centre with its FXT Core Filers that used flash to accelerate NAS performance on disk systems. Avere later transitioned to the cloud with its Avere FXT Edge Filers that served as NAS public clouds. In essence, Avere's products allow companies to share their storehouses of data between their own servers and massive cloud computing platforms like Google Cloud or Microsoft Azure.
The two companies did not disclose the terms of the deal.
However according to a blog post by Ronald Bianchini Jr., president and CEO of Avere Systems, “Avere and Microsoft both recognise that there are many ways for Enterprises to leverage data centre resources and the cloud. Our shared vision is to continue our focus on all of Avere’s use cases - in the datacentre, in the cloud and in hybrid cloud storage and cloud bursting environments. Tighter integration with Azure will result in a much more seamless experience for our customers.”
Avere had raised $97 million in its lifetime and it's interesting to note that in March last year, Avere took in $14 million in funding from investors including Google. So this move will not only add Avere’s storage expertise to Microsoft’s own portfolio, but also prevent Google from influencing Avere's development. It’s definitely a shrewd move from Microsoft as it hopes to strengthen Azure’s position and continue to chip away at AWS’ significant market share lead.
Jason Zander, Microsoft Azure’s Corporate Vice President, had this to say about the acquisition in his blog post on Microsoft's website. “By bringing together Avere’s storage expertise with the power of Microsoft’s cloud, customers will benefit from industry-leading innovations that enable the largest, most complex high-performance workloads to run in Microsoft Azure. We are excited to welcome Avere to Microsoft, and look forward to the impact their technology and the team will have on Azure and the customer experience.”