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Technology Stocks : Microsoft Corp. - Moderated (MSFT)
MSFT 252.46+1.1%May 7 4:00 PM EDT

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From: Don Green3/26/2020 11:33:07 AM
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Microsoft acquiring Affirmed Networks
Mar. 26, 2020 11:21 AM ET|About: Microsoft Corporation (MSFT)|By: Brandy Betz, SA News Editor
Microsoft (NASDAQ: MSFT) signs a definitive agreement to acquire the provider of fully virtualized, cloud-native mobile network solutions.

The tech giant says the acquisition will help evolve its telecom work "to offer new and innovative solutions tailored to the unique needs of operators, including managing their network workloads in the cloud."

Terms of the deal weren't disclosed.

Affirmed Networks raised $155M in private funding.

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