Microsoft Corporation acquired Fungible, a transaction announced in January 2023.
Fungible operates in Cloud / Datacenter infrastructure, is based in Santa Clara, California, USA. Microsoft acquired Fungible, a maker of composable infrastructure and low-power data processing units (DPUs) that accelerate networking and storage performance in datacenters. The Fungible team joined Microsoft's datacenter infrastructure engineering group. Financial terms were not disclosed.
Strengthen Microsoft's datacenter infrastructure — offloading, latency, server density and energy efficiency — through Fungible's DPU technology.
Microsoft is announcing the acquisition of Fungible Inc., a provider of composable infrastructure aimed at accelerating networking and storage performance in datacenters.Girish Bablani, Corporate Vice President, Azure Core, Microsoft
Advisory firms were not disclosed for this transaction.