Microsoft agrees to buy Revolution Analytics to boost cloud
January 24, 2015
Grazed from BusinessTimes. Author: Editorial Staff.
Microsoft agreed to buy startup Revolution Analytics, which makes tools to sift through data, to help the company build up its cloud-services business. Terms weren’t disclosed. The deal was driven by the growing volumes of data that companies are contending with and the need for more software that can help analyze the information, Microsoft said in a blog post on Friday. Revolution Analytics, based in Mountain View, California, makes a statistics programming language called R that helps analyze data.
Microsoft is competing with companies such as Google and Amazon.com Inc. to provide computer services over the Internet, which is known as cloud computing. Chief Executive Officer Satya Nadella has made the cloud a priority as he tries to reinvigorate the Redmond, Washington-based software company…
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