- Microsoft agreed a deal to acquire Affirmed Networks, a wireless infrastructure solutions vendor and Vodafone investment.
Microsoft agreed a deal to acquire Affirmed Networks, a wireless infrastructure solutions vendor and Vodafone investment. The software giant did not disclose the sum it will pay out, but a Bloomberg article indicated the buy valued Affirmed at about $1.35bn (£1.1bn/€1.2bn). Microsoft described the takeover as a move to “evolve our work with the telecommunications industry”, ostensibly via its Azure platform, and the deal appears a response to the growing number of high-profile Telco Cloud partnerships being formed between operators and rivals such as Amazon Web Services, Google, and VMware. There was also speculation that the deal was instigated by Microsoft partner AT&T. Vodafone invested in Affirmed back in 2011, via Vodafone Ventures, but the level of its stake — and therefore buyout proceeds — is unknown. The Group has since indicated it uses Affirmed’s virtualised network solutions to underpin Narrowband Internet of Things offerings for enterprises (Vodafonewatch, #156 and #173). Arch-rival Deutsche Telekom was another early backer of the business.