Microsoft Corporation acquired Solair, a transaction announced in May 2016.
Solair operates in Azure IoT Suite, is based in Italy. Solair is an Italian Internet-of-Things company whose platform helps enterprises in manufacturing, retail, food & beverage and transportation collect and act on data from connected devices. Microsoft acquired it to strengthen its end-to-end enterprise IoT offering and fold Solair's technology into the Azure IoT Suite.
Solair's IoT deployment and customization technology supports Microsoft's strategy to deliver the most complete IoT offering for enterprises and helps customers harness untapped data.
Advisory firms were not disclosed for this transaction.