Microsoft (MSFT) Plans to Buy DATAllegro
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Microsoft Corp. (Nasdaq: MSFT) today announced that it intends to acquire DATAllegro Inc., a provider of breakthrough data warehouse appliances. Terms of the deal were not disclosed.
The acquisition will extend the capabilities of Microsoft's mission-critical data platform, making it easier and more cost-effective for customers of all sizes to manage and glean insight from the ever-expanding amount of data generated by and for businesses, employees and consumers.
After completing the acquisition, Microsoft will retain most of DATAllegro's team as well as its headquarters in Aliso Viejo, Calif., making it a Center of Excellence for data warehousing. Existing DATAllegro customers will continue to be supported.
Microsoft Corporation provides software products for computing devices worldwide.
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