Microsoft announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed.
Cycle Computing CEO Jason Stowe said that clients use his company’s technology to “fight cancer and other diseases, design faster rockets, build better hard drives, create better solar panels, and manage risk for peoples’ retirements.” Customers include Novartis, insurance firm Pacific Life, and Aerospace Corp., according to the startup’s website.
Cycle Computing’s technology helps companies more efficiently manage and plan their complex computing tasks and save money on their cloud computing bills.
Jason Stowe writes that his company will continue to support its existing customers, though it’s unclear if this means that Microsoft will also continue to develop support for competing platforms. We have reached out to Microsoft for clarification and will update this post once we hear more.