In a bid to help its consumers tap the true potential of Internet of Things, Microsoft announced on Tuesday that it has acquired Solair, an Italian company that has been delivering innovative IoT services to customers across a number of industries, including manufacturing, retail, food & beverage and transportation.
Founded in 2011, Solair is currently not a very big name in the market but it has a wide variety of clients, including Italian espresso machine manufacturer Rancilio Group and food processing machine company Minerva Omega Group.
Taking things right off the bat, Solair’s current offerings– customization and deployment– solutions are based on Microsoft’s Azure cloud platform, which was a direct invitation for Microsoft to integrate its technology into the Azure IoT Suite. Neither of the companies have yet revealed what the exact plans for the future are.
Solair shares our ambition for helping customers harness their untapped data and create new intelligence with IoT, and this acquisition supports our strategy to deliver the most complete IoT offering for enterprises,
said Sam George, Microsoft’s Partner Director, Azure IoT, in a blog post.
We’re excited about their technology and talent – and delighted to welcome them to the Microsoft team.
Solair’s current product suite is very diverse and includes a gateway for collecting data and an enterprise platform for custom deployments and integration with existing services. Not just, the services offered by the company have helped businesses in any genre run more efficiently and profitably.
Tom Davis, CEO of Solair writes:
The last five years have been about growth – both for us as a company and for the IoT market as a whole – but today marks a new chapter for Solair. The Solair team and I look forward to being a part of Microsoft and a very strong Azure IoT team. It’s an opportunity that will allow us to bring the power of IoT to new and unique customer scenarios.
The terms of the deal were not disclosed.