3 ms·
The real question is: Why didn't they spend that money on a different company?
by EFreethought 4y ago
The real question is: Why didn't they spend that money on a different company?
- greenyoda 4y agoThe article suggests an answer: > "Then along came Microsoft, with its need for efficient Azure cloud datacenters. We understand Redmond has no interest in selling Fungible’s kit [storage arrays] to external customers." The article goes on to say: > "In the absence of any other possible suitors and VC funding seemingly drying up, Fungible management, we are told, agreed to a lower offer from Microsoft than they would have liked." So in the current funding climate, Microsoft was able to buy up this useful technology at a discount price.
- IncRnd 4y agoSomeone probably told them that money is fungible.