Microsoft Buys JClarity To Strengthen Azure Java Capabilities
Zacks Investment Research | Aug 20, 2019 08:17AM ET
Microsoft (NASDAQ:MSFT) recently announced the acquisition of jClarity, in a bid to accelerate performance of workloads of Java applications deployed on the company’s cloud computing platform, Azure. However, the financial terms of the deal have been kept under wraps.
jClarity offers monitoring and intelligent performance analysis tools to design robust data-driven Java/ Java Virtual Machine (JVM) applications.
The buyout of jClarity is a prudent move considering its robust Java proficiency and strength in application performance monitoring (APM) tools. It is expected to aid Azure to streamline the usage of Java among enterprise clientele.
Moreover, Microsoft will support jClarity to continue to meaningfully contribute to open-source AdoptOpenJDK project and aid developers design innovative Java applications. Markedly, Microsoft has been co-funding AdoptOpenJDK project, along with other companies, since June 2018.
Notably, jClarity’s CEO (former) Martijn Verburg joins Microsoft as “Principal Engineering Group Manager (Java).”
Coming to price performance, shares of Microsoft have returned 37.8% year to date, outperforming the Zacks Investment Research
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