In a recent corporate blog, Microsoft (NASDAQ:MSFT) vice president of strategy and business development, Bob Kelly, announced the acquisition of privately held MetricsHub, a cloud analytics, monitoring, and automation company.
MetricsHub is a participant in Microsoft's Accelerator initiative, an intensive three-month immersion program for 10 cloud-related start-up companies. The Accelerator program is the result of the combined efforts of Microsoft and TechStars to support innovative cloud solutions.
A pre-release version of MetricsHub tools and solutions are immediately available for existing Microsoft Windows Azure customers. Terms of the acquisition were not disclosed.
Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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