Microsoft has confirmed the acquisition of Fungible in the latest high-powered deal to boost its Azure cloud computing platform. Following December 2022 reports of a potential deal, and earlier suggestions of a failed Meta takeover, Microsoft has now confirmed (opens in new tab) its acquisition of the company in a move that will see it obtain the company’s high-efficiency, low-power data processing units (DPUs). In a statement on its website (opens in new tab), Fungible explains that its DPUs were created in 2016 in response to the inefficient execution of data-centric computations within server nodes, and that it is “proud” to now be a part of Microsoft, which it says shares its vision.
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