On October 21, 2019, Microsoft announced in a blog post the acquisition of cloud file-migration company Mover, for an undisclosed figure. Mover is a leading provider of cloud file migration, including admin-led and self-service offerings. Mover aims to streamline the process of transferring user’s data to the cloud. Users can use Mover to change cloud-storage providers, back up website or files. Microsoft commented that as customer demand continues to grow for moving content to the cloud, Mover should make it easier for customers to migrate files to Microsoft 365. The company is headquartered in Edmonton, Canada, has fewer than 11 employees and has raised less than $1 million in funding, according to Crunchbase. Owler estimates its annual revenue at $5.2 million. The Mover acquisition marks Microsoft’s ninth acquisition this year, according to data from S&P Capital IQ, as outlined below. Microsoft is making acquisitions in a several diverse areas, including data migration, business intelligence, coding, games and security. [caption id="attachment_98466" align="aligncenter" width="700"] Note: ND = not disclosed
Source: S&P Capital IQ/Crunchbase [/caption]