Thursday, June 11, 2015

Microsoft buys BlueStripe, builder of business app management tools http://revealedtech.com/microsoft/microsoft-buys-bluestripe-builder-of-business-app-management-tools/



Microsoft has acquired BlueStripe Software, a startup that makes software designed to track and troubleshoot business applications running across multiple operating systems and data centers.


Microsoft brass have given the green light for a series of deals recently to buy startups focused on consumer-facing productivity applications, networking and cloud infrastructure tools, and data crunching software.


The company didn’t disclose the terms of the latest deal. BlueStripe, based in Morrisville, N.C., had raised $13.7 million in funding since its 2007 founding, according to CrunchBase.




Mike Neil, a general manager at Microsoft, said in a blog post that the company would stop offering BlueStripe’s products as an independent service and would fold the technology into existing Microsoft tools like System Center and the Operations Management Suite.






Source Article from
http://www.seattletimes.com/business/microsoft/microsoft-buys-bluestripe-builder-of-business-app-management-tools/
Microsoft buys BlueStripe, builder of business app management tools

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