Microsoft Corporation has signed a contract to acquire Avere Systems, one of the leaders in cloud computing field. Microsoft is planning to join forces to invent and improve new data storage methods. Cloud computing brings a lot of profit, therefore the corporation continues to pay special attention to its development. The contract’s financial details have not been disclosed.
The successful acquisition immediately affected the value of Microsoft shares, which rose by 1.24% and continues to grow, which gives a good opportunity to earn money. The asset will be available for trading during the American session from 13:40 to 20:00 GMT time.
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