Microsoft to acquire VC-backed Avere Systems

Microsoft is planning on acquiring Pittsburgh-based Avere Systems, a data storage company, according to a blog post on the former's website. No financial terms were disclosed. Avere is backed by Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital, Western Digital Capital and Google Inc.

3 January 2018•1 min read
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