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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Delayed Quote. Delayed Nasdaq - 11/27 01:00:00 pm
215.23 USD   +0.64%
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Microsoft : acquires Movere to help customers unlock cloud innovation with seamless migration tools

09/05/2019 | 01:07pm EST

As cloud growth continues to unlock opportunities for our customers, cloud migration is increasingly important for business's digital strategy. Today, I am pleased to announce that Microsoft has acquired Movere, an innovative technology provider in the cloud migration space.

We're committed to providing our customers with a comprehensive experience for migrating existing applications and infrastructure to Azure, which include the right tools, processes, and programs. As part of that ongoing investment, we're excited to welcome the leadership, talent, technology, and deep expertise Movere has built in enabling customers' journey to the cloud over the last 11 years.

Movere's innovative discovery and assessment capabilities will complement Azure Migrate and our integrated partner solutions, making migration an easier process for our customers. We believe that successful cloud migrations enable business transformation, and this acquisition underscores our investments to make that happen.

Together, Azure Migrate, Movere, and our ecosystem of independent software vendor (ISV) partners' solutions provide choice and a comprehensive set of capabilities from discovery, assessment, to migration and optimization. We aim to streamline our customers' journey to the cloud, enabling them to bring innovation and transformation with the power of Azure. You can read thoughts from Movere founders in their blog.

Disclaimer

Microsoft Corporation published this content on 05 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 September 2019 17:06:04 UTC


© Publicnow 2019
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 31,9x
Yield 2021 1,01%
Capitalization 1 627 B 1 627 B -
EV / Sales 2021 9,81x
EV / Sales 2022 8,76x
Nbr of Employees 163 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
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Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 215,23 $
Spread / Highest target 29,2%
Spread / Average Target 12,7%
Spread / Lowest Target -16,4%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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